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Detecting Accounting Fraud 1st Edition by Cecil Jackson
Edition 1ISBN: 978-0133078602Detecting Accounting Fraud 1st Edition by Cecil Jackson
Edition 1ISBN: 978-0133078602 Exercise 14
Lockheed is presented in this chapter mainly as an example of: (a) Failure to record asset impairments.
(b) Overstatement of sales.
(c) Understatement of reserve for bad debts.
(d) Improper use of cookie-jar reserves.
(b) Overstatement of sales.
(c) Understatement of reserve for bad debts.
(d) Improper use of cookie-jar reserves.
Explanation
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Verified
The asset whose carrying value is less t...
Detecting Accounting Fraud 1st Edition by Cecil Jackson
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