MCQOPTIONS
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| 1. |
. What is the effect if Revenue |
| A. | Overstatementofprofitsandunderstatement of Assets. |
| B. | Overstatement of profit and overstatementof Assets. |
| C. | Understatement of profit and overstatementof Assets. |
| D. | Understatementofprofitandunderstatement of Assets. |
| Answer» C. Understatement of profit and overstatementof Assets. | |