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The Financial Statements of Mannassass Corporation for 2014 and 2015

Question 17

Multiple Choice

The financial statements of Mannassass Corporation for 2014 and 2015 contained the following errors:
The financial statements of Mannassass Corporation for 2014 and 2015 contained the following errors: Assuming that none of the errors were detected or corrected,by what amount will 2014 operating income be overstated or understated? A) $9,200 overstated B) $9,200 understated C) $18,800 understated D) $18,800 overstated
Assuming that none of the errors were detected or corrected,by what amount will 2014 operating income be overstated or understated?


A) $9,200 overstated
B) $9,200 understated
C) $18,800 understated
D) $18,800 overstated

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