A prior period adjustment may result in a debit or credit to a company's retained earnings account.

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A prior period adjustment may result in a debit or credit to a company's retained earnings account.

A prior period adjustment may result in a debit or credit to a company's retained earnings account.

▸ true

▸ false

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Auditing and Assurance Services

Edition: 17^th

Authors: Arens, Elder, Beasley, Hogan

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