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(Solved): Which of the following situations would you consider to be an illustration of misappropriation of as ...



Which of the following situations would you consider to be an illustration of misappropriation of assets? A. A chief financial officer of Google records a loan from a bank as miscellaneous revenue rather than notes pavable B. When a salesman at IBM uses the corporate credit card, for travel and entertainment, the amounts are debited to inventory C. The notes to financial statements do not include a footnote explaining the account policies of the company D. A bookkeeper at ECW, Inc. is able to make a $1,000 check each month to a phony office supply company. The check is direct deposited in the bookkeeper's bank account.



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