Question: Several questionable accounting manipulations were identified by the SEC. (a) For each accounting manipulation identified, indicate the financial statement accounts affected. (b) For each accounting

Several questionable accounting manipulations were identified by the SEC.
(a) For each accounting manipulation identified, indicate the financial statement accounts affected.
(b) For each accounting manipulation identified, indicate one audit procedure the auditor could have used to assess the appropriateness of the practice.

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Acceleration of Lease Revenue Recognition from Bundled Leases a Sales Revenue Service Revenue Finance Revenue and Finance Receivables b The auditor could look at practices followed by Xerox in the pas... View full answer

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