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Merle's boss is worried about stockholders' reaction to their company's recent performance. He has asked Merle to add extraneous information in the financial statements to
Merle's boss is worried about stockholders' reaction to their company's recent performance. He has asked Merle to add extraneous information in the financial statements to help disguise the bad numbers. Merle knows that this would be a violation of the generally accepted accounting principles GAAP requirement that financial statements be so he has escalated the issue to the company's chief financial officer.
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