What type of fraud would result from a company recording revenue earned on January 2ndin the previous fiscal year after the books are closed? A) Skimming B) Corruption C) Asset misappropriation D) Financial statement fraud

Question

Quizplus · Accepted Answer

Recording revenue in the wrong fiscal year to manipulate financial statements is an example of financial statement fraud. This type of fraud involves altering financial records to mislead stakeholders about the company's financial health and performance.

What Type of Fraud Would Result from a Company Recording