Assertion (A): Increasing the value of closing inventory increases profit Reason (R): Increasing the value of closing inventory reduces cost of goods sold. In the context of the above two, statements, which of the following is correct?
Assertion (A): Increasing the value of closing inventory increases profit Reason (R): Increasing the value of closing inventory reduces cost of goods sold. In the context of the above two, statements, which of the following is correct?