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  3. Study Set
    Fundamental Accounting Principles
  4. Exam
    Exam 6: Inventory Costing and Valuation
  5. Question
    Errors in Inventory Valuation Only Affect the Current Period's Records
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Errors in Inventory Valuation Only Affect the Current Period's Records

Question 35

Question 35

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Errors in inventory valuation only affect the current period's records and financial statements.

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