Which of the Following Actions Would Aid the CEO in Making

question 72

Multiple Choice

Which of the following actions would aid the CEO in making 2014 net income results look more impressive?

• A)Overstating the cost of machinery purchased in 2014.
• B)Prepaying 2014 expenses in 2013.
• C)Deferring 2014 expenses to 2015 and accruing revenues in 2014 that don't exist.
• D)Recording 2014 revenue as unearned revenue.

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Definitions:

Custom-Tailored

Specifically designed or modified to meet the unique needs or preferences of an individual or organization.

Diffuse

To spread or scatter broadly, often used in the context of light, ideas, or substances.

Innovations

are new ideas, devices, or methods that mark a departure from traditional ways, often resulting in improved processes or products.

Main Findings

The most significant results or conclusions that come from research or analysis.