One of the ways by which top executives manipulate financial statements is by overstating liabilities.

Name: One of the ways by which top executives manipulate financial statements is by overstating liabilities.
Brand: Quizplus
Rating: 5.0 (42 reviews)

Question

Quizplus · Accepted Answer

Overstating liabilities would make a company appear less profitable, which is not typically a goal of financial statement manipulation. Executives usually manipulate financial statements by understating liabilities or overstating assets to make the company appear more financially healthy.

One of the Ways by Which Top Executives Manipulate Financial