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cover a profile of the company of worldcom and how the company committed fraud, and the effects the fraud has had on the accounting profession.Specifically,

cover a profile of the company of worldcom and how the company committed fraud, and the effects the fraud has had on the accounting profession.Specifically, be sure to address how the company capitalized expenses to artificially increase the income statement.Before you discuss how the firm inappropriately capitalized cost, define cost capitalization and how it directly impacts the balance sheet and income statement.

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