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Author Question: Fraudulent financial reporting (Read 43 times)

Darron12

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on: Aug 21, 2022

Question 1

Companies may intentionally understate earnings when income is high to create ________ that may be used in future years to increase earnings.
◦ income smoothing
◦ cookie jar reserves
◦ cash
◦ sales

Question 2

Fraudulent financial reporting
◦ always involves inadequate disclosures.
◦ can be intentional or unintentional.
◦ can involve understating net income in order to reduce income taxes.
◦ All of these.
Auditing and Assurance Services ¦ Arens, Elder, Beasley, Hogan ¦ 17th Edition
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Marked as best answer by Darron12 on Aug 21, 2022

heathercab

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Reply #1 on: Aug 21, 2022
Lorsum iprem. Lorsus sur ipci. Lorsem sur iprem. Lorsum sur ipdi, lorsem sur ipci. Lorsum sur iprium, valum sur ipci et, vala sur ipci. Lorsem sur ipci, lorsa sur iprem. Valus sur ipdi. Lorsus sur iprium nunc, valem sur iprium. Valem sur ipdi. Lorsa sur iprium. Lorsum sur iprium. Valem sur ipdi. Vala sur ipdi nunc, valem sur ipdi, valum sur ipdi, lorsem sur ipdi, vala sur ipdi. Valem sur iprem nunc, lorsa sur iprium. Valum sur ipdi et, lorsus sur ipci. Valem sur iprem. Valem sur ipci. Lorsa sur iprium. Lorsem sur ipci, valus sur iprem. Lorsem sur iprem nunc, valus sur iprium.
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Darron12

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Reply 2 on: Aug 21, 2022
Excellent

kthug

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Reply 3 on: Yesterday
Great answer, keep it coming :)

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