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Read the Ethics scenario on page 341 and the Fraud lCase on page sro. Both companiesreported inaccurate inventory values which overstated gross pro?t and net

image text in transcribed Read the Ethics scenario on page 341 and the Fraud lCase on page sro. Both companiesreported inaccurate inventory values which overstated gross pro?t and net income. Find anarticle in which a company was accused of committing fraud by manipulating earningsthrough its inventory records. Summarize the article. If you were the accountant of thecompany asked to process ?cticious journal entries; how would you respond? Be sure toinclude the web address of your article at the end of your post.

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