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Accounting Information Systems

11th Edition
Ulric J. Gelinas + 3 others
ISBN: 9781337552127

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BuyFindarrow_forward

Accounting Information Systems

11th Edition
Ulric J. Gelinas + 3 others
ISBN: 9781337552127
Textbook Problem

How would a company gain (short term) from a fraudulent overstatement of inventories?

Summary Introduction

To determine: How the firm would gain from a fraudulent overstatement of inventories.

Introduction:

Accounting Information System (AIS) is said to be the specialized subsystem of the Information System (IS). AIS can be used in the business events for the purpose of collecting, processing, and reporting the financial information.

Explanation

Determine how the firm would gain from a fraudulent overstatement of inventories:

Management fraud would mostly in the area of inventory...

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