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Appearance of current financial position

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Reference no: EM133033102

The management of a corporation wishes to improve the appearance of its current financial position as reflected in the current and quick ratios.

Required:

a. Describe four ways in which management can window-dress the financial statements to accomplish this objective.

b. For each technique you identify in (a), describe the procedures, if any, you can use in your analysis to detect the window-dressing.

Reference no: EM133033102

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