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    Exam 7: Reporting and Interpreting Cost of Goods Sold and Inventory
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    An Overstatement of the 2013 Ending Inventory Results in an Understatement
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An Overstatement of the 2013 Ending Inventory Results in an Understatement

Question 111

Question 111

True/False

An overstatement of the 2013 ending inventory results in an understatement of net income during 2014.

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