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1. What should have been the appropriate accounting treatment for revenue recognition for Crazy Eddie case? 2. What could be some potential motivators for Crazy
1. What should have been the appropriate accounting treatment for revenue recognition for "Crazy Eddie" case?
2. What could be some potential motivators for Crazy Eddie to overstate inventory balances (be specific, "overstating assets" is not enough).
Link:
http://whitecollarfraud.com/crazy-eddie/crazy-eddie-fraud/
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