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Explain premature revenue recognition. you have been advise a-(Answered)

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Explain premature revenue recognition. you have been advise a business-tobusiness manufacturing company how to detect fraudulent financial. management does not understand how early revenue recognition by backdating invoices from next year to this year would affect financial statement. further, management wants to know which account could be audited for evidence of fraud in the case of early revenue recognition

 

Paper#9210387 | Written in 27-Jul-2016

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