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If the ending inventory is understated: Select one: a. Profit this year will be overstated. O b. Profit next year will be understated. O c.

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If the ending inventory is understated: Select one: a. Profit this year will be overstated. O b. Profit next year will be understated. O c. The beginning inventory the next year will be understated. d. The beginning inventory the next year will be overstated

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