Which of the Following Is NOT an Accounting Method That

question 37

Multiple Choice

Which of the following is NOT an accounting method that could be chosen by a company to increase reported profits?

• A) understating allowance for doubtful debts
• B) classifying longer-term receivables as current assets
• C) changing estimates of the useful life of plant and equipment
• D) changing from the weighted average to the FIFO method of inventory valuation in a period of rising prices.

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Definitions:

Traditional Model

An approach or methodology that is based on long-established practices and standards.

Omni-Channel Retail

A strategy in sales that offers customers a consistent shopping experience across multiple channels, whether they're purchasing through a mobile device, a laptop, or physically in a store.

Order Visibility

The ability to track and view the status of orders at every stage of the supply chain, from initial placement to final delivery.

Distribution Network

The systematic arrangement of distribution centers, transportation routes, and hubs used to distribute products to customers.