In Han, Kang & Lee, LLC, the main accounting issue being discussed with the client is:
A) Whether to write-down inventory by 20 percent
B) Whether to increase the value of inventory by 20 percent
C) Whether to record an expenditure of $2 million as a capital expense and not operating expense
D) Whether to inform the audit committee of fraud

Question

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The Answer of In Han, Kang & Lee, LLC, the main accounting issue being discussed with the client is:
A) Whether to write-down inventory by 20 percent
B) Whether to increase the value of inventory by 20 percent
C) Whether to record an expenditure of $2 million as a capital expense and not operating expense
D) Whether to inform the audit committee of fraud

In Han, Kang & Lee, LLC, the Main Accounting Issue