Management fraud may involve:
A)Overstating expenses
B)Understating assets
C)Overstating revenues
D)Overstating liabilities

Question

Quizplus · Accepted Answer

Management fraud involving overstating revenues is a common tactic to make a company appear more profitable than it actually is. Overstating expenses may reduce reported profits but is less likely to be a fraudulent activity. Understating assets and overstating liabilities are other potential examples of management fraud, but they do not directly relate to the question being asked.

Management Fraud May Involve