How did management perpetrate the fraud what was


Refer to the Auditing in Practice feature, "The Great Salad Oil Swindle of 1963," and answer the following questions.

a. How did management perpetrate the fraud?

b. What was management's incentive to perpetrate the fraud?

c. Is this fraud primarily a case of asset misappropriation or fraud- ulent financial reporting?

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Auditing: How did management perpetrate the fraud what was
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