an error in ending inventory creates errors for two accounting periods.\ntrue\nfalse

Brief Explanations:

In accounting, the ending inventory of one period becomes the beginning inventory of the next period. So an error in ending inventory (e.g., overstated or understated) will affect the cost of goods sold and net income of the current period, and then the beginning inventory, cost of goods sold, and net income of the subsequent period. Thus, it impacts two accounting periods.

Answer:

True