=+While journalizing transactions reduces the possibility of fraud, it by no means eliminates it. For example, embezzlement

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=+While journalizing transactions reduces the possibility of fraud, it by no means eliminates it. For example, embezzlement can be hidden within the double-entry bookkeeping system by creating fictitious suppliers to whom checks are issue

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Accounting

ISBN: 978-1111001346

23rd Edition

Authors: Carl S. Warren

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