see attached image s! Transcribed Image Text: Cooper Inc. took physical inventory at the end of 2017. Purchases that were acquired FOB Shipping Point were in transit at that time,

see attached image s! Transcribed Image Text: Cooper Inc. took physical inventory at the end of 2017. Purchases that were
acquired FOB Shipping Point were in transit at that time, so they were not
included in the physical count.
Select one:
a. Cooper is not required to make any accounting adjustments.
b. Cooper needs to correct an accounting error.
c. Cooper has made a change in accounting principle, requiring
retrospective adjustment.
d. Cooper is required to adjust a change in accounting estimate
prospectively.

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