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What are accruals? Examples? How can accruals be used to alter or manipulate financial statements? Or cover fraud?

  1. What are accruals?  Examples?
  2. How can accruals be used to alter or manipulate financial statements? Or cover fraud?

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Accruals are accounting adjustments made to ensure that revenues and expenses are recognized in the period in which they are incurred rather than when ... blur-text-image

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