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    Accounting Study Set 3
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    Exam 19: Inventories
  5. Question
    Which of These Is Not a Possible Source of Error
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Which of These Is Not a Possible Source of Error

Question 2

Question 2

Multiple Choice

Which of these is not a possible source of error in calculating closing inventory?


A) An incorrect cut-off between accounting periods.
B) Mistakes in counting during the stocktake.
C) Mistakes in the price at which the goods are sold to customers.
D) Mistakes in dealing with goods on consignment.

Correct Answer:

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