WebThe book-and-hold technique is not a good business practice. This technique makes investors think that the financial position of a company is good and healthy, which may not be true because this technique does not give a true picture of the situation of the business. This technique is often misused and is highly mointorized. WebCase 15 1. what are the ethical and legal implications of using accounting practices such as the book-and-hold technique to accelerate revenues and inflate corporate earnings? Book-and-hold technique is not good business practice and is considered illegal. It does not give a true picture of the situation of the business which implies that investors will …
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