Which of the following, if material, would be a fraud? a. Errors in the application of accounting
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Which of the following, if material, would be a fraud?
a. Errors in the application of accounting principles.
b. Clerical errors in accounting data underlying the financial statements.
c. Misinterpretation of facts that existed when the financial statements were prepared.
d. Misappropriation of an asset or groups of assets.
Choose the correct answer.
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