Allegheny (AHERF) is presented in this chapter mainly as an example of understating expenses via: (a) Improper

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Allegheny (AHERF) is presented in this chapter mainly as an example of understating expenses via:

(a) Improper capitalization of expenses.

(b) Understatement of cost of goods sold.

(c) Understatement of reserves for bad debts.

(d) Understatement of expenses by improper use of restructuring reserves.

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