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Major Case 6: Luckin Coffee What was the motivation of Luckin in developing fraudulent transactions and fraudulent accounting? Was it indicative of earnings management? Explain.
Major Case 6: Luckin Coffee\ What was the motivation of Luckin in developing fraudulent transactions and fraudulent accounting? Was it indicative of earnings management? Explain.\ Discuss the red flags that something was amiss at Luckin.\ What role did corporate governance play in the fraud?\ Use ethical reasoning to analyze what the motivation of Luckin might have been in carrying out the fraudulent transactions.
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