external reporting

Navas 27 April 2020 at 13:21 PM

Questions 15 Which one of the following errors will result in the overstatement of net income?
A) Overstatement of bad debt expense
B) Overstatement of goodwill amortization
C) Overstatement of ending inventory
D) Overstatement of beginning inventory

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FACULTY 18 May 2020 at 06:09 PM

Overstatement of ending inventory(option C)

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Susan Sunu Kurian 18 July 2020 at 10:45 AM

How? an understatement if inventory results in overstatement of income 

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