The most difficult account for management to intentionally misstate is:
A) Income Taxes Payable
B) Cash
C) Securities
D) Prepaid expenses

Name: The most difficult account for management to intentionally misstate is: A) Income Taxes Payable B) Cash C) Securities D) Prepaid expenses
Brand: Quizplus
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Question

Quizplus · Accepted Answer

Cash is the most difficult account for management to overstate because it can generally be confirmed with outside banks and financial institutions-unless there is collusion!

The Most Difficult Account for Management to Intentionally Misstate Is