Which of the Following Is Affected as a Result of an Error

question 118

Multiple Choice

Which of the following is affected as a result of an error in performing the physical count of inventory at the end of the accounting period?

• A) sales revenue
• B) operating expenses
• C) net income
• D) net cost of purchases

---

Definitions:

Dimensional Focus

Concentration on specific aspects or dimensions of a project or problem, often to analyze or solve it effectively.

Unique Information

Data or facts that are distinct and not duplicated elsewhere, offering exclusive knowledge or insights.

Informational Needs

The specific data or knowledge required by individuals or organizations to make informed decisions or understand a topic.

Entry Point

The initial place, condition, or position from which a process, journey, or activity starts.