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    Fundamental Accounting Principles Study Set 1
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    Exam 6: Inventories and Cost of Sales
  5. Question
    Errors in the Period-End Inventory Balance Only Affect the Current
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Errors in the Period-End Inventory Balance Only Affect the Current

Question 180

Question 180

True/False

Errors in the period-end inventory balance only affect the current period's records and financial statements.

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