1 accounting statements can be manipulated please try to, Ask an Expert

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1. Accounting statements can be manipulated. Please try to give an argument pro and con on this ethical issue. Any actual public examples you would like to cite would be most appreciated by all.

Scenario: In order to make it appear that cash flows have increased a corporation borrows significant amounts of money even though it has no capital expenditure purpose. Is it ethical to borrow funds merely to create the appearance of additional cash and cash flow?

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Financial Management, Finance

Category:- Financial Management
Reference No.:- M91269200

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