Suppose you are an auditor, supervisor, top corporate officer, doubting lender, doubting investor, or an IRS agent. You

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Suppose you are an auditor, supervisor, top corporate officer,
doubting lender, doubting investor, or an IRS agent. You need to
know what could be wrong with the accounting and reporting. As the
accountant applying the accounting rules, you also need to know
what could go wrong – or you might accidently report something
wrong.
Select an accounting matter and answer all of the following:
Strictly no plag