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  3. Study Set
    Fundamental Accounting Principles
  4. Exam
    Exam 6: Inventory Costing and Valuation
  5. Question
    Because Inventory Errors Are Self-Correcting in Following Accounting Periods, Managers
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Because Inventory Errors Are Self-Correcting in Following Accounting Periods, Managers

Question 117

Question 117

True/False

Because inventory errors are self-correcting in following accounting periods, managers will be able to make correct decisions based on changes in net income and cost of goods sold.

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