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Question

A company does window dresssing in its financial statements to attract investors and creditors. Is it correct in your opinion? Which values are affected here?

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Solution

No, it is correct in my opinion.

Values affected here are :

(i) It is cheating the investors and creditors by providind false information.

(ii) Conducting fradulent activities.

(iii) Possibility of overcapitalisation.

(iv) Dissatisfaction among employees.


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