Top Posters
Since Sunday
a
5
k
5
c
5
B
5
l
5
C
4
s
4
a
4
t
4
i
4
r
4
r
4
Home Q & A Board Other Fields Homework Help Business Accounting
New Topic  
cjohns21 cjohns21
wrote...
Go to Answer
Posts: 121
Rep: 0 0
A year ago
Misappropriation of assets

▸ is generally committed by company management.

▸ harms the users of the financial statements by providing them incorrect financial data for their decision making.

▸ causes harm to stockholders because the assets are no longer available to their rightful owners.

▸ causes the financial statements to be misstated since the misappropriation usually involves material amounts.
Textbook 
Auditing and Assurance Services

Auditing and Assurance Services


Edition: 17th
Authors:
Read 58 times
1 Reply
Replies
Answer verified by a subject expert
durandaldurandal
wrote...
#1
Posts: 131
Rep: 0 0
A year ago
Sign in or Sign up in seconds to unlock everything for free
More solutions for this book are available here
1

Related Topics

cjohns21 Author
wrote...

A year ago
Thanks
TheMoffattMan
wrote...

Yesterday
Good timing, thanks!
smdavis
wrote...

2 hours ago
I appreciate what you did here, answered it right Smiling Face with Open Mouth
New Topic      
Quick Reply
Explore
Post your homework questions and get free online help from our incredible volunteers
  1205 People Browsing
 114 Signed Up Today
Start New Topic Take the Tour CoursesNew Study Tools Topics Trending Browse by Textbook
Live Chat
Related Images
  
 4427
  
 455
  
 254
Your Opinion
Do you believe in global warming?
Votes: 370
Previous poll results: Do you trust social media networks with protecting your privacy?