Which of the following accounting practices are potentially misleading or even fraudulent?
I.capitalization of operating expenses
II.accrual rather than cash basis reporting
III.off-balance sheet liabilities
IV.recognizing revenues prematurely
A) I and II only
B) I, II and IV only
C) III and IV only
D) I, III, and IV only

Question

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The Answer of Which of the following accounting practices are potentially misleading or even fraudulent?
I.capitalization of operating expenses
II.accrual rather than cash basis reporting
III.off-balance sheet liabilities
IV.recognizing revenues prematurely
A) I and II only
B) I, II and IV only
C) III and IV only
D) I, III, and IV only

Which of the Following Accounting Practices Are Potentially Misleading or Even