Which of the Following Descriptions Is Not One of the "Thirteen

question 8

Multiple Choice

Which of the following descriptions is not one of the "Thirteen Financial Shenanigans" identified by Schilit and Perler, and listed in Exhibit 10-1?

• A)recording revenue too soon or that is of a questionable quality.
• B)boosting income with one-time gains.
• C)failing to record intangible assets which the company has ownership rights to.
• D)shifting future expenses to the current period as a special charge.
• E)failing to record or improperly reducing liabilities.

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Definitions:

Union Representative

An elected or appointed individual who represents and advocates for the interests of union members in discussions with management.

Scrutinizing

The act of examining or inspecting closely and thoroughly.

Conflict Management Style

The approach or strategy an individual uses to handle disputes or disagreements in social or professional settings.

Avoidance

A strategy or behavior characterized by steering clear of a situation, issue, or conflict rather than confronting it.