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MCS,PHD
Argosy University/ Phoniex University/
Nov-2005 - Oct-2011
Professor
Phoniex University
Oct-2001 - Nov-2016
You are the controller of Blue Jays Inc. B. J. Dell, the president, recently mentioned to you that she found an error in the 2009 financial statements which she believes has corrected itself. She determined, in discussions with the purchasing department, that 2009 ending inventory was overstated by $1 million. B. J. says that the 2010 ending inventory is correct, and she assumes that 2010 income is correct. B. J. says to you, ?oWhat happened has happened—there’s no point in worrying about it anymore.??
Instructions
You conclude that B. J. is incorrect. Write a brief, tactful memo to her, clarifying the situation.
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