You are in charge of creator company Ltd Your company results showed favorable profit of...

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Accounting

You are in charge of creator company Ltd Your company results showed favorable profit of $25 Million resulting from the use of creative accounting. Since creative accounting is not illegal and therefore as manager you are not doing anything wrong.

Required.

  1. Justify your motive of using creative accounting?
  2. What are the long-time effects of using creative accounting in your company?
  3. What Remedy should rescue creator company Ltd from the financial scandal?

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