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Financial statements are the end product of the accounting cycle and are used by investors...

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Accounting

Financial statements are the end product of the accounting cycle and are used by investors to make informed decision. They can be analysed to help determine If there are any fraudulent activities in the company. As you know, the balance sheet, income statement, and statement of cash flows are the three primary financial statements.

List and briefly describe one (1) way each of these three financial statements can help to detect fraud

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