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  3. Study Set
    Cornerstones of Financial Accounting Study Set 3
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    Exam 6: Cost Of Goods Sold and Inventory
  5. Question
    If Ending Inventory Is Understated, Then Cost of Goods Sold
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If Ending Inventory Is Understated, Then Cost of Goods Sold

Question 221

Question 221

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If ending inventory is understated, then cost of goods sold is understated.

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