Which of the following groups are considered to be internal users of accounting ination.()

Merchandise inventory at the end of the year was understated. Which of the following statements correctly states the effect of the error.()

A.net
B.net
C.merchandise
D.cost

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The inventory that assigns the most recent costs to cost of good sold is ().

A.specific
B.average
C.LIFO
D.FIFO

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