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What are the errors and frauds

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Reference no: EM131617985

Question: Errors and Frauds. Give an example of an error or fraud that would misstate financial statements to affect the accounts as follows, taking each case independently.

a. Overstate one asset; understate another asset.

b. Overstate an asset; overstate stockholders' equity.

c. Overstate an asset; overstate revenue.

d. Overstate an asset; understate an expense.

e. Overstate a liability; overstate an expense.

f. Understate an asset; overstate an expense.

g. Understate a liability; understate an expense.

Reference no: EM131617985

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