How many accounting periods does an inventory error affect?

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Which of the following statements about a periodic inventory system is true ?
Posted by:
Moataz Elsabawy
13-October-2016

Economics Inventory Management

Question added by Shameer Nazir Madari , Assistant Finance Manager , METAL AND RECYCLING COMPANY K.S.C. (PUBLIC)
Date Posted: 2016/04/28

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1 Answers

Nitin Choudhary

by Nitin Choudhary , Assistant Manager - Planning & Inventory Management , Green Planet Industries

It keeps on affecting till its corrected.

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