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Describe the establishment of cookie jar reserves

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Reference no: EM131784210

Problem

In my conversations with auditors, they describe the establishment of "cookie jar reserves" as a significant audit issue. However, the text states that they very rarely are involved in frauds. Speculate on what this difference in emphasis occurs. This is a thought provoking question, which is why I used the term "speculate."

Reference no: EM131784210

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