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1- It's important for auditors to consider how much pressure is on management to show earnings, as it is a risk factor for fraud. Group
1- It's important for auditors to consider how much pressure is on management to show earnings, as it is a risk factor for fraud.
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True
False
2- Which of the following are true regarding Sheelan and his plan? Select all that apply.
Sheelen wanted to develop a whole new line of vacuum cleaners.
Sheleen manipulated the estimate for bad debt expense to boost income.
Sheelan needed profits from Regina to execute his idea for the new product line.
Sheelen decided to artificially inflate profits at the company.
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