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Question 9 2.5 pts A Company reported the following amounts on its 2020 income statement: Purchases. $110,000; Beginning 2020 inventory. $10,000; and Cost of goods
Question 9 2.5 pts A Company reported the following amounts on its 2020 income statement: Purchases. $110,000; Beginning 2020 inventory. $10,000; and Cost of goods sold, $100,000. Therefore, the 2020 ending inventory was O $27,000 O $10,000. O $15,000 O $20,000 D Question 10 2.5 pts Research has found that three factors exist when fraud occurs. Which of the following is not one of them? Incentive to commit fraud Ability to rationalize the fraud Opportunity to commit fraud Lack of a code of ethics
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