Which of the Following Is an Aggressive Accounting Practice

question 101

Multiple Choice

Which of the following is an aggressive accounting practice?

• A)The use of a shorter service life for depreciation.
• B)Waiting to record a litigation loss.
• C)Adjust the allowance for uncollectible accounts to a larger amount.
• D)The write-down of overvalued inventory.

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Definitions:

Individual-Oriented

Focused on or aimed at the needs, well-being, or interests of a single person rather than those of a group or community.

Family-Centered

An approach in healthcare and services which emphasizes the importance of considering and involving the family's perspective and needs.

Individualistic

Characterized by independence and self-reliance, prioritizing personal goals over the goals of a group or society.

United States

A country in North America known for its diverse population and as a prominent political and economic power on the global stage.