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kincasdce123 kincasdce123
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A year ago
Which of the following statements is false?

▸ Either an overstatement of an asset account or an understatement of a liability account would have the same effect on the income statement.

▸ A misclassification in the balance sheet will have no effect on operating income.

▸ Either an overstatement of an asset account or an overstatement of a liability account would have the same effect on the income statement.

▸ Either an understatement of an asset account or an overstatement of a liability account would have the same effect on the income statement.
Textbook 
Auditing and Assurance Services

Auditing and Assurance Services


Edition: 17th
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jarste123jarste123
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A year ago
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kincasdce123 Author
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A year ago
Thank you, thank you, thank you!
rene_ram97
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Yesterday
Just got PERFECT on my quiz
Danivalda
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2 hours ago
Thanks
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