Running head: ACCOUNTING QUESTIONS
1. A lot of the fraud happenings occur or are attached to the final day of a fiscal year. It is
therefore very normal for one to be skeptical within this period with the receipts and
payments. The invoice in question appears to be unique and different, and it would be
prudent not to pay and logical set of excuses provided. If at any given case, that the invoice
account appears to be erroneous, means that the account payable at the time when accounting
the miscellaneous expenses will result in zero. In the same way, it will reduce the current
liability balance and portray a distorted and fraudulent appearance of the current ratio and
also the quick ratios for that matter. In conc...
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