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Unformatted text preview: b. False 7. A restaurant may reduce income (and expenses) if its lease agreement payments are based upon restaurant sales. a. True b. False 8. Booking income before receiving payments is called "channel stuffing" by the SEC. a. True b. False 10. A KPMG survey breaks fraud into internal and external fraud. a. True b. False 12. Under the KPMG survey scheme of fraud, check forgery is always an external fraud. a. True b. False 13. The older fraud pyramid of Edwin Sutherland had these three fa...
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This note was uploaded on 07/16/2010 for the course ACCOUNTING 2301 taught by Professor Norton during the Summer '10 term at Academy of Design Tampa.
- Summer '10