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    Using Financial Accounting
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    Exam 5: Inventories and Cost of Goods Sold
  5. Question
    The Effect of a Misstatement of the Year-End Inventory Is
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The Effect of a Misstatement of the Year-End Inventory Is

Question 91

Question 91

True/False

The effect of a misstatement of the year-end inventory is limited to the net income for that year.

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