Which of the Following Accounting Practices Are Potentially Misleading or Even

question 80

Multiple Choice

Which of the following accounting practices are potentially misleading or even fraudulent?
I.capitalization of operating expenses
II.accrual rather than cash basis reporting
III.off-balance sheet liabilities
IV.recognizing revenues prematurely

• A) I and II only
• B) I, II and IV only
• C) III and IV only
• D) I, III, and IV only

---

Definitions:

Poorly Fitting Dentures

Refers to dentures that do not properly fit the wearer's mouth, leading to discomfort, difficulty eating, and potential oral health issues.

Swallowing Difficulty

A condition, also known as dysphagia, where an individual has trouble moving food or liquid from the mouth to the stomach.

Mental State

The condition of one's cognitive and emotional well-being at a given time, which can influence behavior, perception, and social interactions.

Angioplasty

A healthcare technique aimed at expanding blocked or constricted blood vessels, usually applied in treating arterial atherosclerosis.