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Question 8 (TCO F) Sally Lauren is the extemal auditor for Modus Industries, a public company that manufactures disk drives. As she analyzes the numbers,
Question 8 (TCO F) Sally Lauren is the extemal auditor for Modus Industries, a public company that manufactures disk drives. As she analyzes the numbers, she finds that the quick ratio, which ha typically remained consistent increased from 1.7 to 2.3 over the previous year. What type of financial statement fraud scheme could be occurring? Inflated inventory o Omitted expenses Fictitious accounts receivables None of the above Question 9 3 pts hing clear and uniform accounting procedures with no exception clauses can help reduce financial statement fraud by addressing which side of the fraud triangle? Pressures to commit fraud
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