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Auditing & Assurance Services 6th Edition by Timothy Louwers
Edition 6ISBN: 978-0077862343Auditing & Assurance Services 6th Edition by Timothy Louwers
Edition 6ISBN: 978-0077862343 Exercise 53
One of the typical characteristics of management fraud is
A) Falsification of documents in order to misappropriate funds from an employer.
B) Victimization of investors through the use of materially misleading financial statements.
C) Illegal acts committed by management to evade laws and regulations.
D) Conversion of stolen inventory to cash deposited in a falsified bank account.
A) Falsification of documents in order to misappropriate funds from an employer.
B) Victimization of investors through the use of materially misleading financial statements.
C) Illegal acts committed by management to evade laws and regulations.
D) Conversion of stolen inventory to cash deposited in a falsified bank account.
Explanation
Verified
Verified
Management fraud is the deliberate act c...
Auditing & Assurance Services 6th Edition by Timothy Louwers
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