Which of the following is an example of fraudulent financial reporting? An employee steals inventory...
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Accounting
Which of the following is an example of fraudulent financial reporting? An employee steals inventory and rhe "shrinkage" is recorded in cost of goods sold. The treasurer diverts customer payments to his personal ise, concealing his actions by debiting an expense account, thus overstating expenses. An employee bills his company for products not received, using the name of a fictitious supplier. Company management improperly records as revenue the proceeds of a loan
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You can see the logs in the Dashboard.