Argyle Company Failed to Include a Number of Inventory Items

Multiple Choice

Argyle Company failed to include a number of inventory items in the inventory count at the end of the last period.Assuming no other inventory errors,the effect on the current period is

A) an overstatement of gross profit.
B) an understatement of COGS.
C) an overstatement of ending inventory.
D) an understatement of net income.