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  3. Study Set
    Principles of Financial Accounting Study Set 1
  4. Exam
    Exam 6: Inventory Costing
  5. Question
    An Error in Cost of Goods Sold Has _______________ Impact
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An Error in Cost of Goods Sold Has _______________ Impact

Question 11

Question 11

Multiple Choice

An error in Cost of Goods sold has _______________ impact on gross profit and profit.


A) no
B) the opposite
C) the same
D) immaterial

Correct Answer:

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