{"id":50658,"date":"2024-04-15T23:13:30","date_gmt":"2024-04-15T23:13:30","guid":{"rendered":"https:\/\/exam.pscnotes.com\/mcq\/?p=50658"},"modified":"2024-04-15T23:13:30","modified_gmt":"2024-04-15T23:13:30","slug":"assertion-a-increasing-the-value-of-closing-inventory-increases-profit-reason-r-increasing-the-value-of-closing-inventory-reduces-the-cost-of-goods-sold-in-the-context-of-the-above-two-statemen","status":"publish","type":"post","link":"https:\/\/exam.pscnotes.com\/mcq\/assertion-a-increasing-the-value-of-closing-inventory-increases-profit-reason-r-increasing-the-value-of-closing-inventory-reduces-the-cost-of-goods-sold-in-the-context-of-the-above-two-statemen\/","title":{"rendered":"Assertion (A): Increasing the value of closing inventory increases profit. Reason (R): Increasing the value of closing inventory reduces the cost of goods sold In the context of the above two statements, which of the following is correct?"},"content":{"rendered":"
\r\n \r\n \r\n
\r\n
\r\n Both (A) and (R) are correct <\/div>\r\n
\r\n Only (A) is correct <\/div>\r\n
\r\n Only (R) is correct <\/div>\r\n
\r\n Both (A) and (R) are incorrect <\/div>\r\n \r\n \r\n