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How a company could potentially manipulate earnings

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Reference no: EM132861752

Question - Topics like revenue recognition, bad debt expense, and cash management are often areas where earnings management or even outright fraud could occur. Internal controls are designed to help prevent and detect these potentially damaging practices. Provide an example of how a company could potentially manipulate earnings or perpetrate a fraud, and identify an internal control to help prevent such a dubious practice from happening.

Reference no: EM132861752

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