Due to change in the accounting policy there is no material effect in the current year, but there is effect in the future years. This effect can be reasonably estimated. Then _______

The amount effected should be disclosed

Both the amount and the fact should be disclosed

Due to change in the accounting policy there is no material effect i

1.	Due to change in the accounting policy there is no material effect in the current year, but there is effect in the future years. This effect can be reasonably estimated. Then _______
A.	The amount effected should be disclosed
B.	That fact should be disclosed
C.	Both the amount and the fact should be disclosed
D.	No disclosure is required.
Answer» D. No disclosure is required.

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&nbsp;Due to change in the accounting policy there is no material effect in the current year, but there is effect in the future years. This effect can be reasonably estimated. Then _______

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Due to change in the accounting policy there is no material effect in the current year, but there is effect in the future years. This effect can be reasonably estimated. Then _______