An understatement of year 1's beginning inventory will
a. cause year 2's gross margin to be overstated.
b. cause year 1's cost of goods sold to be understated.
c. cause year 2's gross margin to be understated.
d. have no effect on year 1's gross margin.
B
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A) Ideology B) Myths C) Norms D) Theories
Which of the following is required to be deducted from employees' paychecks?
A) federal income tax B) SUTA C) FUTA D) charitable contributions
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Answer the following statement true (T) or false (F)
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a. 504 b. 144 c. 10b-5 d. 16(b)