When Might a Fraud Scheme Be Used to Understate Revenue

question 35

Multiple Choice

When might a fraud scheme be used to understate revenue and net income?

• A) In order to manage or smooth income
• B) To allow a company to pay lower income taxes
• C) To improve key financial statement ratios
• D) Two of the above
• E) All of the above

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Having little or no significant effect or influence.

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