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    Financial and Managerial Accounting Study Set 1
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    Exam 5: Inventories and Cost of Sales
  5. Question
    Errors in the Ending Inventory Balance Only Affect the Current
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Errors in the Ending Inventory Balance Only Affect the Current

Question 112

Question 112

True/False

Errors in the ending inventory balance only affect the current period's records and financial statements.

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