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Home Q & A Board Other Fields Homework Help Business Accounting
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cjohns21 cjohns21
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A year ago
When dealing with revenue frauds,

▸ the most egregious form of revenue fraud involves premature revenue recognition.

▸ premature revenue recognition involves recognizing the revenue after the accounting standards requirements have been met.

▸ premature revenue recognition is the same as cutoff errors.

▸ side agreements can modify the terms of the sales transaction and should be analyzed carefully.
Textbook 
Auditing and Assurance Services

Auditing and Assurance Services


Edition: 17th
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sherry94sherry94
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A year ago
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cjohns21 Author
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A year ago
Helped a lot
Butwhy
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Yesterday
I appreciate what you did here, answered it right Smiling Face with Open Mouth
54321abs
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2 hours ago
Thanks
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