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  3. Study Set
    Fundamental Accounting Principles
  4. Exam
    Exam 6: Inventory Costing and Valuation
  5. Question
    Because an Inventory Error Causes an Offsetting Error in the Next
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Because an Inventory Error Causes an Offsetting Error in the Next

Question 15

Question 15

True/False

Because an inventory error causes an offsetting error in the next period, it is sometimes said to be self-correcting.

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