Question: ???????????????????????????????????????????????????????????????????????????????????????????????????????????????????????????????????????????????????????????????????????????????????????????????????????????? ???????????????????????????????????????????????????????????????????????????? ???? ???????????? ???????????????????????????????????????????????????????????????????????????????????????????????????????????????????????????????????????????????????????????????????????????????????????????????? and overstates ending inventory, while understating cost of goods sold. b. The treasurer diverts customer payments to his personal due,

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and overstates ending inventory, while understating cost of goods sold.

b. The treasurer diverts customer payments to his personal due, concealing his actions by debiting an

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recorded in cost of goods sold.

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and neglects to return them; the cost is reported as a

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