
Fraud Examination 4th Edition by Steve Albrecht,Chad Albrecht,Conan Albrecht ,Mark Zimbelman
Edition 4ISBN: 978-0538470841
Fraud Examination 4th Edition by Steve Albrecht,Chad Albrecht,Conan Albrecht ,Mark Zimbelman
Edition 4ISBN: 978-0538470841 Exercise 11
Embezzlement of assets reduces the left side of the accounting equation. To conceal the theft, the embezzler must find a way to reduce the right side of the accounting equation. A perpetrator would most likely reduce the right side of the equation by:
A) Reducing accounts payable.
B) Paying dividends.
C) Increasing expenses.
D) Altering stock accounts.
A) Reducing accounts payable.
B) Paying dividends.
C) Increasing expenses.
D) Altering stock accounts.
Explanation
The correct answer is option (c) Increas...
Fraud Examination 4th Edition by Steve Albrecht,Chad Albrecht,Conan Albrecht ,Mark Zimbelman
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