Question

Misappropriation of assets:
Answer saveda
Marked out of
Select one:
1.50
O a. harms the users of the financial statements by providing them incorrect financial data for
their decision making
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O b, is generally committed by company management
O
c. causes the financial statements to be misstated since the misappropriation usually
1
involves material amounts
8
d. causes harm to stockholders because the assets are no longer available to their rightful
owners