Question
29.
Which of the following combinations is a good means of concealing employee fraud but an ineffective means of perpetrating management (financial reporting) fraud?
A.Overstating sales revenue and overstating customer accounts receivable balances.B.Overstating sales revenue and overstating bad debt expenseC.Understating interest expense and understating accrued interest payableD.Omitting the disclosure information about related-party sales to the president's relatives at below-market prices
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Subject:
Accounting, Business