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Analyze Cash Flow Statements: Major frauds are often detectable through financial statement analysis. The cash flow statement is one of the financial statements analyzed to

Analyze Cash Flow Statements:

Major frauds are often detectable through financial statement analysis. The cash flow statement is one of the financial statements analyzed to identify potential fraud. Here is the cash flow statement for PT. A for the period ending December 31, 2019 - 2021:

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a. Identify possible red flags for fraud!

b. Provide a reasonable explanation for the area of concern.

2021 20202019

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