1. What is the difference between accrual earnings and cash earnings? In addition to the effect on...
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2. Identify the stake holders in the World Comcase and how their interests were affected by the financial fraud.
3. Use ethical reasoning to compare the actions of Cynthia Cooper in the World Comcase to those of Sherron Watkins in the Enron case, discussed earlier in this chapter.
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1 Cash earnings account for revenue with cash inflows and for expense with cash outflows Cash earnings then are a recording of true cash flows This method has timing differences between cash for reven...View the full answer
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Ali Khawaja
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Related Book For 
Ethical Obligations and Decision Making in Accounting Text and Cases
ISBN: 978-0077862213
3rd edition
Authors: Steven Mintz, Roselyn Morris
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