A company could permit asset accounts to be understated when there are measurement errors, accounting errors, and improper implementation of accounting principles and policies.
A company could permit liability accounts to be overstated if liabilities are higher. This might be due to the over-accruing of expenses by the company.
Overstatement of income is more likely. Normally an organization does misstatements to improve profitability.
This is done by either expenses understatement or revenue overstatement.
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Explanation:
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According to MLA Citation Style Guide, the proper way to make a parenthetical citation in this paraphrese would be as follows:
("Was Emerson Lying To His Constituents?" A2)
Since the paraphrase has no known author,the parenthetical should contain the title of the article or book from which the citation was taken followed by the page number. Also, the title should be in quotation marks if it's short tor italicize it if it's longer.
