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Author Question: Which of the following statements isfalse? (Read 17 times)

zl00505

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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.


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Marked as best answer by zl00505 on Aug 21, 2022

hillard sane

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Reply #1 on: Aug 21, 2022
Lorsum iprem. Lorsus sur ipci. Lorsem sur iprem. Lorsum sur ipdi, lorsem sur ipci. Lorsum sur iprium, valum sur ipci et, vala sur ipci. Lorsem sur ipci, lorsa sur iprem. Valus sur ipdi. Lorsus sur iprium nunc, valem sur iprium. Valem sur ipdi. Lorsa sur iprium. Lorsum sur iprium. Valem sur ipdi. Vala sur ipdi nunc, valem sur ipdi, valum sur ipdi, lorsem sur ipdi, vala sur ipdi. Valem sur iprem nunc, lorsa sur iprium. Valum sur ipdi et, lorsus sur ipci. Valem sur iprem. Valem sur ipci. Lorsa sur iprium. Lorsem sur ipci, valus sur iprem. Lorsem sur iprem nunc, valus sur iprium.
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zl00505

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Reply 2 on: Aug 21, 2022
YES! Correct, THANKS for helping me on my review


atrochim

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Reply 3 on: Yesterday
Excellent

 

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