Failure to record depreciation expense for a period when fixed assets are used would result in an overstatement /understatement)____________________ of expenses and thus an overstatement /understatement)__________________ of profit.

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The Answer of Failure to record depreciation expense for a period when fixed assets are used would result in an overstatement /understatement)____________________ of expenses and thus an overstatement /understatement)__________________ of profit.

Failure to Record Depreciation Expense for a Period When Fixed