Which of the following actions would management typically undertake to manipulate debt or equity accounts? a. Reclassify

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Which of the following actions would management typically undertake to manipulate debt or equity accounts?

a. Reclassify short-term debt as long-term debt. 

b. Reclassify long-term debt as short-term debt.  

c. Reclassify short-term equity as a liability. 

d. Reclassify long-term equity as short-term equity.

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Auditing A Risk Based Approach

ISBN: 9780357721872

12th Edition

Authors: Karla M Johnstone-Zehms, Audrey A. Gramling, Larry E. Rittenberg

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