The Fraud Exposure Rectangle includes:
a. perceived pressure.
b. rationalization.
c. relationships with others.
d. All of the choices are included in the Fraud Exposure Rectangle.
c
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A. collateral B. intangible C. revolving D. tangible
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According to the SEC's SAB No. 101, which of the following is not necessary for revenue recognition?
A. The seller's price to the buyer is fixed. B. Collectibility is reasonably assured. C. The seller has determined that the buyer will take the discount. D. Persuasive evidence of an arrangement exists.