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Home Q & A Board Science-Related Homework Help Forensic Science
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PorterOlaph PorterOlaph
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6 years ago
Bezone Corp. is being alleged of tax fraud for the financial year 2015-2016. The ending net worth for the period was $2.285m and beginning net worth was $1.595m. Expenditures (consumption) during the period amounted to $0.725m. The reported income in Bezone's tax return amounted to $0.69. Other legitimate sources of funds in the tax return reported an income of $0.31. Calculate the inferred unreported income using the net worth method of indirect proof.
A) $0
B) $0.725m
C) $0.415m
D) $0.075m
Textbook 
Forensic Accounting

Forensic Accounting


Edition: 1st
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discovrndiscovrn
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6 years ago
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PorterOlaph Author
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#2
6 years ago
Upwards Arrow Correct. The reason you provided helped the most
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#3
6 years ago
Thanks!
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