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8. The allowance for doubtful accounts was understated because the company altered the aging of accounts receivable to reduce the bad debt expenses. Required: A).
8. "The allowance for doubtful accounts was understated because the company altered the aging of accounts receivable to reduce the bad debt expenses". Required: A). Indicate whether the fraud involves misappropriation of assets or fraudulent financial reporting. B). State a control that would be effective in preventing or detecting the misappropriation. DS (2 Points) Enter your
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