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A study reports that 29% of employees in finance and accounting witnessed the falsifying or manipulating of accounting information in the past year. This includes

A study reports that 29% of employees in finance and accounting witnessed the falsifying or manipulating of accounting information in the past year. This includes nondisclosure of some long-term liabilities. What risks does a business face for not disclosing some of its long-term liabilities? What could the business possibly benefit by not disclosing some of its long-term liabilities?

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