Examlex
The above diagram shows a balance sheet for a certain company. If the company buys new property, plant and equipment today using its entire cash balance, what will its net working capital be?
Fraud Triangle
A theoretical model that asserts three factors must be present for an individual to commit fraud: motivation, opportunity, and rationalization.
Financial Statement Fraud
The intentional misrepresentation or omission of data in a company's financial reports, done to mislead users of those statements.
External Users
Individuals or entities outside of a company who use its financial information, such as creditors, investors, and regulatory agencies, to make decisions.
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