Which of the Following Is an Aggressive Accounting Practice

question 78

Multiple Choice

Which of the following is an aggressive accounting practice?

• A)Change from straight-line to double-declining balance depreciation.
• B)Record sales revenue before it is actually earned.
• C)Adjust the allowance for uncollectible accounts to a larger amount.
• D)Record inventory at lower of cost or market rather than at cost.

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Definitions:

Essential Selves

A concept referring to an individual's core identity or inherent characteristics that define their true nature.

Individuals

Single human beings as separate entities, considered apart from society or any particular group, emphasizing the uniqueness and autonomy of each person.

Certainty

The state of being sure or confident about something, often without any doubt.

Identity Theory

A theory in philosophy and psychology suggesting that mental states are identical to brain states, focusing on the relationship between the mind and the physical body.