Correct and incorrect

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Virender Singh asked 3 years ago

https://drive.google.com/file/d/14j_kLuqZhvPYoYybdB6iwZbHAbc1JaOK/view?usp=drivesdk
Please explain this

Question Tags: CA Ravi Taori

1 Answers

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Ravi Staff answered 3 years ago

its incorrect because
fraudulent financial reporting (intentionally adjusting financial statements to deceive others)
involves 3 things
omission
falsification
manipulation
in question they left omission so its incorrect