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Refer to Question 10 in Chapter 17 of the textbook: How is the use of the equity method subject to manipulation? How might a financial
Refer to Question 10 in Chapter 17 of the textbook: How is the use of the equity method subject to manipulation? How might a financial statement reader detect such behavior? In addition, provide an example to prove how the equity method may result in manipulation of the financial results. Participate in follow-up discussion by providing recommendations to classmates' fact patterns on how a company could implement procedures to prevent manipulation of the use of the equity method provide with reference and citations from 2019.
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