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Author Question: Which of the following is an accurate statement regarding assets and fraud risk? (Read 37 times)

C0DxHalo

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on: Aug 21, 2022
Which of the following is an accurate statement regarding assets and fraud risk?
◦ Companies will often capitalize repairs as fixed assets.
◦ Since fixed assets are often large, there is little theft of fixed assets.
◦ Intangible assets are recorded at cost and valuation issues therefore are not a fraud risk.
◦ Since companies have few fixed assets, there is no need for them to be periodically inventoried.
Auditing and Assurance Services ¦ Arens, Elder, Beasley, Hogan ¦ 17th Edition
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Marked as best answer by C0DxHalo on Aug 21, 2022

char00char

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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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C0DxHalo

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Reply 2 on: Aug 21, 2022
Thanks for the timely response, appreciate it

kishoreddi

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

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