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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 2
Which of the following was not a false revenue stream that was generated by Enron's use of off-balance-sheet entities Chewco and Jedi, as identified by the Powers Report? (a) A guarantee fee.
(b) Management fees.
(c) Gain on revaluation of an asset.
(d) Revenue recognized on Enron's own stock.
(b) Management fees.
(c) Gain on revaluation of an asset.
(d) Revenue recognized on Enron's own stock.
Explanation
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J and C are joint ventures of Company E....
Detecting Accounting Fraud 1st Edition by Cecil Jackson
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