Final answer:
The treatment not recognized for reporting accounting changes is c. "limited change." Standard treatments include restatement, retrospective, and prospective approaches.
Step-by-step explanation:
In accounting, when reporting accounting changes, three primary treatments are typically recognized: restatement, prospective, and retrospective application. The option listed as "limited change" is not one of the standard treatments for reporting accounting changes. Instead, options A (prospective), B (restatement), and D (retrospective) represent actual methods used in accounting for changes.
Restatement involves revising previously issued financial statements to correct for the error as if the correct accounting had been used initially. The retrospective application changes previous financial statements as if the new accounting method had always been used. Prospective application means that changes are applied to transactions and events from the date of the change forward; previously reported financial statements are not adjusted.