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    Exam 8: Reporting and Interpreting Property, Plant, and Equipment; Intangibles; and Natural Resources
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    An Overstatement of the Ending Inventory Causes an Overstatement of Current
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An Overstatement of the Ending Inventory Causes an Overstatement of Current

Question 125

Question 125

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An overstatement of the ending inventory causes an overstatement of current assets and profit, as well as an overstatement of cost of goods sold for the same year.

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