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Joe Comes to You with a Request for Funds for a Project.He

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Joe comes to you with a request for funds for a project.He reminds you that company policy supports his position.He is using the tactic of:


Definitions:

Ending Inventory

The value of goods available for sale at the end of an accounting period, calculated before the next period's inventory is added.

Net Income

The net income of a company once all costs and taxes are subtracted from its revenues.

Overstatement

The exaggeration of income, assets, or worth in financial reporting.

Freight-out Costs

Expenses associated with the delivery of merchandise from a seller to a buyer; also known as shipping costs or delivery expenses.

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