
Detecting Accounting Fraud 1st Edition by Cecil Jackson
Edition 1ISBN: 978-0133078602
Detecting Accounting Fraud 1st Edition by Cecil Jackson
Edition 1ISBN: 978-0133078602 Exercise 21
In which of the following ways did Enron not use off-balance-sheet entities to overstate its earnings? (a) Related-party sales.
(b) Creation of cookie-jar reserves.
(c) Recognition of profits on its own stock.
(d) All of the above.
(b) Creation of cookie-jar reserves.
(c) Recognition of profits on its own stock.
(d) All of the above.
Explanation
The company E overstated its earnings th...
Detecting Accounting Fraud 1st Edition by Cecil Jackson
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