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    Business
  3. Study Set
    Fraud Examination
  4. Exam
    Exam 13: Liability, Asset, and Inadequate Disclosure Frauds
  5. Question
    In Liability Fraud, Liabilities Are Most Often
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In Liability Fraud, Liabilities Are Most Often

Question 21

Question 21

Multiple Choice

In liability fraud, liabilities are most often


A) Understated
B) Overstated
C) Recorded as assets
D) Recorded as expenses

Correct Answer:

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