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Fraudulent financial reporting is a type of fraud than impacts on financial statements.Why do managers undertake this type of fraudulent activity?
Gadgets Production
The process of creating and manufacturing devices, often electronic, that are designed to perform a particular function or task.
Marginal Cost
The cost incurred by producing one additional unit of a good or service.
Sunk Cost
A cost that has already been incurred and is not recoverable.
Opportunity Cost
The cost of foregoing the next best alternative when making a decision.
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