Fraudulent financial reporting typically involves:
A)management.
B)employees.
C)the board of directors.
D)the stockholders.

Question

Quizplus · Accepted Answer

Fraudulent financial reporting is typically initiated by top-level management who have access to the financial information and can manipulate it in a way that benefits them personally or the company as a whole. Employees may participate in the scheme, but it is often driven by management. The board of directors and stockholders may also be affected by the fraudulent reporting, but they are not typically the initiators. Therefore, choice A (management) is the best answer.

Fraudulent Financial Reporting Typically Involves