Accounting frauds within the revenue, expenditure, and production cycle.

It is very easy to do a Web search and locate articles concerning accounting frauds as a result of misappropriating transactions using the revenue, expenditure, and/or production cycle(s). Locate a news article concerning a fraud using one of the aforementioned cycles of a company located within the vicinity of where you live. Post a link to the article, and discuss how the fraud occurred as a result of the revenue, expenditure, or production cycle. Be sure to also discuss postings by your classmates throughout the week.

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