Tom, in anticipation of preparing annual financial statements, failed to adjust the perpetual inventory records to the

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Tom, in anticipation of preparing annual financial statements, failed to adjust the perpetual inventory records to the physical count taken at year-end. Most likely, Tom has committed

a. Ordinary negligence.

b. Gross negligence or constructive fraud.

c. Fraud.

d. None of the above.

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Related Book For  book-img-for-question

Essentials Of Forensic Accounting

ISBN: 12

2nd Edition

Authors: Michael A Crain, William S Hopwood

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