ACCT 622 (ACCT622)

Liberty University

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ACCT 622 Crazy Eddie Case -Questions and Answers
  • ACCT 622 Crazy Eddie Case -Questions and Answers

  • Case uitwerking • 4 pagina's • 2020
  • ACCT 622 Crazy Eddie Case Compute key ratios and other financial measures for Crazy Eddie during the period 1984-1987. Identify and briefly explain the red flags in Crazy Eddies financial statements that suggested the firm posed a higher-than-normal level of audit risk. Identify specific audit procedures that might have led to the detection of the following accounting irregularities perpetrated by Crazy Eddie personnel: a) The falsification of inventory count sheets b) The bogus debit memos f...
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