Issuu on Google+

From Chapter 9, Fraud Case 9-1 When a business sells a fully depreciated asset for its salvage value, is a gain or loss recognized? How do businesses determine what salvage values to use for their various assets? Are there “hard and fast� rules for salvage values? How would an organization prevent the kind of fraud depicted here?


Acc 205 week 5 dq 1 fraud case 9 1