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  3. Study Set
    Financial Accounting Information for Decisions
  4. Exam
    Exam 5: Reporting and Analyzing Inventories
  5. Question
    Managers Are Able to Make Important Decisions Correctly Using Erroneous
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Managers Are Able to Make Important Decisions Correctly Using Erroneous

Question 159

Question 159

True/False

Managers are able to make important decisions correctly using erroneous inventory balances because inventory errors are self-correcting and,as a result,are less serious.

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