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Fraud Examination 5th Edition by Steve Albrecht,Chad Albrecht,Conan Albrecht, Mark Zimbelman
Edition 5ISBN: 978-1305079144Fraud Examination 5th Edition by Steve Albrecht,Chad Albrecht,Conan Albrecht, Mark Zimbelman
Edition 5ISBN: 978-1305079144 Exercise 22
Embezzlement of assets reduces the left side of the accounting equation. To conceal the theft, the embezzler must find a way to reduce the right side of the accounting equation. A perpetrator would most likely reduce the right side of the equation by: a. Reducing accounts payable.
B) Paying dividends.
C) Increasing expenses.
D) Altering stock accounts.
B) Paying dividends.
C) Increasing expenses.
D) Altering stock accounts.
Explanation
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Verified
The correct answer is option (c) Increas...
Fraud Examination 5th Edition by Steve Albrecht,Chad Albrecht,Conan Albrecht, Mark Zimbelman
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