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  3. Study Set
    Fraud Examination Study Set 3
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    Exam 13: Liability, Asset, and Inadequate Disclosure Frauds
  5. Question
    Which of the Following Is an Example of Liability Fraud
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Which of the Following Is an Example of Liability Fraud

Question 34

Question 34

Multiple Choice

Which of the following is an example of liability fraud?


A) Underrecording accounts payable
B) Improperly capitalizing costs
C) Overstating accounts receivable
D) Recording fictitious sales

Correct Answer:

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