Question: Multiple Select Question Select all that apply Q - mart failed to include inventory that was kept in a separate warehouse in its end -
Multiple Select Question
Select all that apply
Qmart failed to include inventory that was kept in a separate warehouse in its endoftheperiod inventory count. Explain how this error will affect this year's
balance sheet
This year's total assets will be overstated.
This year's total assets will be understated.
This year's total equity will be understated.
This year's total equity will be overstated.
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