Embezzlement of assets


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

e. None of the above

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Accounting Basics: Embezzlement of assets
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