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Roughly half of all financial statement frauds over the past two decades have involved: Improper expense recognition Improper revenue recognition Improper asset recognition Improper liability

Roughly half of all financial statement frauds over the past two decades have involved:

Improper expense recognition

Improper revenue recognition

Improper asset recognition

Improper liability recognition

And

Income tax payable appears on the

Statement of RE

Statement of SE

Income statement

Balance Sheet

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