When analyzing financial statements (e.g., unaudited financial statements and income tax returns), which of the following is

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When analyzing financial statements (e.g., unaudited financial statements and income tax returns), which of the following is correct?

A. Vertically analyze only the dollars.

B. Vertically and horizontally examine just the common-sized percentages looking for irregularities.

C. Vertically and horizontally analyze for anomalies in dollars and by percentages.

D. Scan for irregularities of all kinds.

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Fraud Examination Casebook With Documents

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Authors: William H. Beecken, Clark A. Beecken

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When analyzing financial statements (e.g., unaudited financial statements and income tax returns), which of the following is

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C Vertically and horizontally analyze for anomalies in dollars and by percentages Vertically Analysi...View the full answer

Fraud Examination Casebook With Documents

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