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Câu 56: IIA-CIA-PART3: Certified Internal Auditor - Part 3 Business Analysis and Information Technology

A retail organization mistakenly did not include $10,000 of inventory in the physical count at the end of the year. What was the impact to the organization's financial statements?

Nội dung câu hỏi

A retail organization mistakenly did not include $10,000 of inventory in the physical count at the end of the year. What was the impact to the organization's financial statements?

Các lựa chọn

Đáp án được giữ gọn theo nhãn A, B, C, D trong phần bình chọn tương tác.

  1. A. Cost of sales and net income are understated. — đáp án hiện tại
  2. B. Cost of sales and net income are overstated.
  3. C. Cost of sales is understated and net income is overstated.
  4. D. Cost of sales is overstated and net income is understated.

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