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Wgu c254 topic 4 - Study guides, Class notes & Summaries

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WGU C254 Topic 4 Rated 100% Correct!!

  • WGU C254 Topic 4 Rated 100% Correct!!

  • Exam (elaborations) • 3 pages • 2023
  • Available in package deal
    • Which are the two most commonly manipulated to perpetrate financial statement fraud? - Revenues and Accounts Receivable SAS 99 requires auditors to assume there are material misstatements in revenue, though realizing there are situation-specific methods to recognize revenue and interpret the associated rules. - True Barry Minkow (a convicted fraudster) said: "Receivables are a wonderful thing - you create a receivable and you have ________________." - Revenue Stuffing distribution channe...
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WGU C254 Topic 4 Questions | Questions with 100% Correct Answers | Verified | Latest Update

  • WGU C254 Topic 4 Questions | Questions with 100% Correct Answers | Verified | Latest Update

  • Exam (elaborations) • 4 pages • 2023
  • Available in package deal
    • Which are the two most commonly manipulated to perpetrate financial statement fraud? - Revenues and Accounts Receivable SAS 99 requires auditors to assume there are material misstatements in revenue, though realizing there are situation-specific methods to recognize revenue and interpret the associated rules. - True Barry Minkow (a convicted fraudster) said: "Receivables are a wonderful thing - you create a receivable and you have ________________." - Revenue Stuffing distribution chann...
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  • $4.49
  • + learn more