Examlex
Financial statement fraud is complex because:
Equity
Refers to the ownership interest in a corporation in the form of common or preferred stock; it represents the owners' share in the company's assets.
Fairness
A subjective concept referring to equal and impartial treatment, decisions, and actions in context with ethical, societal, or personal standards and norms.
Normative Economics
An approach to economics that makes judgments about what the economy should be like or what particular policy actions should be recommended.
Behavior
The actions or reactions of an individual, group, or system in response to external or internal stimuli.
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