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According to study of financial statement frauds by the Committee of Sponsoring Organizations (COSO), who is the most common perpetrator of financial statement fraud? Question 24 Which ratio should be examined while analyzing the balance sheet to detect under recording of accounts payable? Question 25 Inadequate disclosure occurs when: ============================================== ACC 599 Midterm Exam Guide FOR MORE CLASSES VISIT www.acc599mart.com ACC 599 Midterm Exam Guide Midterm Exam ACC Capstone Question 1 The price/earnings ratio: Question 2 Interest expense creates magnification of earnings through financial leverage because: Question 3