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When closing stock is undervalued, the cost of goods sold would be
Question 1
Report
When closing stock is undervalued, the cost of goods sold would be
overstated and the gross profit understated
understated and the gross profit overstated
understated and the gross profit overstated
understated and the gross profit understated
Answer Details
Read lesson note on Stock Valuation (JAMB)
Stock Valuation
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