I would like help with both 17 and 18! thank you!!

17) What would happen if there was an error in ending inventory and nobody knew of the error? A. If the error is noticed, the person who counted it incorrectly will get fired. B. If the error is noticed, the IRS will close down the business. C. If the error is not found or corrected, it will fix itself within a 2 year period. D. Everyone in the company will go to jail 18) What effect will an overstatement of ending inventory at the end of Year 1 have on the amounts reported on the Year 1 financial statements? A) Overstatement of cost of goods sold B) Overstatement of total assets C) Understatement of net income D) Understatement of retained earnings