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In counting its year-end inventory, Oops Company double-counted the merchandise located in one of its warehouses. Will cost of goods sold be overstated ( O

In counting its year-end inventory, Oops Company double-counted the merchandise located in one of its warehouses. Will cost of goods sold be overstated ( O ) or understated (U) or OK as a result of this error? A. overstated B. understated C. OK

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