Answer: The correct answer is : either Higher or Lower
Explanation: In the financial statements the number of units shown sold can be higher than the number of units produced if the current year produced stock is sold along with the Opening Stock carried forward from previous year’s stock. It is also the case that the number of units shown sold may be lower than the number of units produced in case the sales are very low and the company has not been able to sell even the stocks currently produced.
