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PorterOlaph PorterOlaph
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6 years ago
Red Ram, Corp. suspected that the revenues of the company are being overstated. Which of the following conditions can confirm the reasonableness of this suspicion?
A) The competition faced by the company increased due to the entry of a new competitor in the market.
B) The labor-force doubled over the previous year resulting in higher salaries and wages cost.
C) The expenses of the company increased by 150% as compared to the previous year.
D) The finance head has to show high turnover in order to avail a loan for the company's next project.
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Forensic Accounting

Forensic Accounting


Edition: 1st
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IrishLadyIrishLady
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6 years ago
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PorterOlaph Author
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6 years ago
A+ for the explanation & answer Slight Smile

PorterOlaph 1
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