Embezzlement of assets reduces the left side of the accounting equation. To conceal the theft, the embezzler
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Embezzlement of assets reduces the left side of the accounting equation. To conceal the theft, the embezzler must find a way to reduce the right side of the accounting equation. A perpetrator would most likely reduce the right side of the equation by:
a. Reducing accounts payable.
b. Paying dividends.
c. Increasing expenses.
d. Altering stock accounts.
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Related Book For
Fraud examination
ISBN: 978-0538470841
4th edition
Authors: Steve Albrecht, Chad Albrecht, Conan Albrecht, Mark zimbelma
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