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Financial statement fraud: (Points : 2) May understate revenues or expenses May be motivated by an altruistic desire to preserve jobs of employees Requires management

Financial statement fraud: (Points : 2) May understate revenues or expenses May be motivated by an altruistic desire to preserve jobs of employees Requires management over-ride of internal controls, abuse of discretion to make estimates, altering of records, or miss-application of GAAP Each of the above is true None of the above is true

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