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Where Closing Stock Is Undervalued; The Effect Is? - Erudites Academy
Accounting JAMB

Where closing stock is undervalued; the effect is?
Where closing stock is undervalued; the effect is?Where closing stock is undervalued; the effect is?

A. an increase in gross profit
B. a decrease in gross profit
C. an increase in purchases
D. a decrease in purchase

Correct Answer:

Option B – a decrease in gross profit

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4 years ago

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