How is creative accounting is designed by exploiting loopholes in the existing regulatory system to serve prepares not users interest Explain with the help of a suitable example Critically explain how quantity can be manipulated by doing a particularly rigorous stock take in years when profit needs to be increased and then a slack stock take if the inventory is too high (1000words)

Question: How is creative accounting is designed by exploiting loopholes in the existing regulatory system to serve prepares not users interest? Explain with the help of

How is creative accounting is designed by exploiting loopholes in the existing regulatory system to serve prepares not users interest? Explain with the help of a suitable example.

Critically explain how quantity can be manipulated by doing a particularly rigorous stock-take in years when profit needs to be increased and then a slack stock-take if the inventory is too high. (1000words)

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