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    Intermediate Accounting Study Set 9
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    Exam 22: Accounting Changes and Error Analysis
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    Companies Must Make Correcting Entries for Noncounterbalancing Errors, Even If
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Companies Must Make Correcting Entries for Noncounterbalancing Errors, Even If

Question 56

Question 56

True/False

Companies must make correcting entries for noncounterbalancing errors, even if they have closed the prior year's books.

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