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In ABC Company, ending inventory is overstated by $4,000. The effects of this error on the current year's cost of goods sold and profit, respectively,
In ABC Company, ending inventory is overstated by $4,000. The effects of this error on the current year's cost of goods sold and profit, respectively, are: Select one: a. understated, overstated. b. overstated, overstated. c. understated, understated. O d. overstated, understated
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