If Ending Inventory Is Understated for Year 1,then in Year

question 99

Multiple Choice

If ending inventory is understated for Year 1,then in Year 2:

• A)cost of goods sold and gross profit will both be understated.
• B)cost of goods sold and gross profit will both be overstated.
• C)cost of goods sold will be overstated and gross profit will be understated.
• D)cost of goods sold will be understated and gross profit will be overstated.

---

Definitions:

Pediatrician

A medical doctor specializing in the physical, behavioral, and mental care of children from birth to young adulthood.

Auscultating Heart Sounds

The process of listening to the sounds of the heart using a stethoscope to evaluate its function and detect potential abnormalities.

Aortic Area

The region of the chest where the aorta is located, often assessed during a physical examination to detect abnormalities in the heart's largest artery.

Diaphragm Of The Stethoscope

The larger, flat part of a stethoscope's head used for listening to lower frequency sounds in the body.