Revenue and inventory accounts
Among financial statement frauds, Revenue and Inventory accounts are the ones most often used to perpetrate fraud. What is it about these two types of accounts that makes them more prone to fraud?
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Assume you are interested in buying $1000 par value, zero coupon with 8 years left to maturity and your required rate of return is 12%. What is the maximum you will be willing to pay for this bond? Assume 4 years later, the interest rates have ris
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From an investor's perspective, what would be the likely impact of overstating assets or understating liabilities on the value of the investment in the company? Based on your response, do you think investors want fraud investigators brought into t
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