As CEO of your company, you?ve been going over your financial statements and have noticed somethin
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Get it written →As CEO of your company, you’ve been going over your financial statements and have noticed something disturbing. You perform a horizontal analysis and find that sales have been increasing at a rate of 3 percent per year, while inventory has risen at a rate of 29 percent per year.
- Could fraud be occurring? Why or why not?
- Assuming that fraud is being committed, how would you investigate?
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