An Overstatement of the Beginning Inventory Results in

question 42

Multiple Choice

An overstatement of the beginning inventory results in

• A)an overstatement of profit.
• B)an understatement of profit.
• C)no effect on the period's profit.
• D)a need to adjust purchases.

---

Definitions:

Feminine

Characteristics or qualities traditionally associated with women or girls, often contrasted with "masculine," though definitions and associations can vary culturally and individually.

Masculine

Qualities, attributes, or roles traditionally associated with men or considered typical of male behavior.

Emotional

Pertaining to feelings or the ability to be affected by or express emotions.

Strong

Capable of withstanding great force or pressure, either physically, mentally, or emotionally.