What are three different types of revenue recognition fraud, and what does each involve?

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Forensic Accounting and Fraud Examination

ISBN: 978-0078136665

2nd edition

Authors: William Hopwood, george young, Jay Leiner

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Question Posted: Mar 20, 2015 11:59 AM

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What are three different types of revenue recognition fraud, and what does each involve?

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Sham sales This scheme involves recording fictitious sales see Figure 93 and frequently includes falsified sales inventory and shipping records In som...View the full answer

Forensic Accounting and Fraud Examination

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