Refer to the QR code on Illustration of Corporate Fraud: Credit facility given is 200 times the

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Refer to the QR code on Illustration of Corporate Fraud: Credit facility given is 200 times the underlying collateral, the degree of earnings management in the case of ‘Surya Vinayak Industries Limited’ amounts to:

(a) Employment of flexibility that strains GAAP

(b) Behaviour beyond the boundaries of GAAP

(c) Understating liabilities

(d) Fraudulent financial reporting

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Financial Accounting For Management

ISBN: 9789385965661

4th Edition

Authors: Neelakantan Ramachandran, Ram Kumar Kakani

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