Question: The inventory controller at WR Wholesalers incorrectly calculated the inventory count at the end of the financial year. Indicate whether the following statement is true

The inventory controller at WR Wholesalers incorrectly calculated the inventory count at the end of the financial year.

Indicate whether the following statement is true or false:

An incorrect inventory count will affect the current liabilities total in the statement of financial position.

Select one:

True

False

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