When vertical analysis is performed: a. Ratios are used to detect fraud. b. Changes in significant balance

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When vertical analysis is performed:

a. Ratios are used to detect fraud.
b. Changes in significant balance totals are examined.
c. Financial statement balances are converted to percentages.
d. Total revenues are compared to total expenses.

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Fraud examination

ISBN: 978-0538470841

4th edition

Authors: Steve Albrecht, Chad Albrecht, Conan Albrecht, Mark zimbelma

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Question Posted: Dec 07, 2023 03:27 AM

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When vertical analysis is performed: a. Ratios are used to detect fraud. b. Changes in significant balance

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Option c is the correct answerWhen vertical analysis is performedfinancial statement balances ...View the full answer

Fraud examination

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