Which of the following is NOT an example of financial statement fraud:
A) Managing the reserves in order to "smooth" earnings
B) Accruing an expense in the current period when it should be recognized in the following period
C) Filling an order, billing the customer for the order, and then shipping it to a company owned warehouse
D) Both "a" and "b"

Question

Which of the following is NOT an example of financial statement fraud: 
A) Managing the reserves in order to "smooth" earnings
B) Accruing an expense in the current period when it should be recognized in the following period
C) Filling an order, billing the customer for the order, and then shipping it to a company owned warehouse
D) Both "a" and "b"

Quizplus · Accepted Answer

The Answer of Which of the following is NOT an example of financial statement fraud: 
A) Managing the reserves in order to "smooth" earnings
B) Accruing an expense in the current period when it should be recognized in the following period
C) Filling an order, billing the customer for the order, and then shipping it to a company owned warehouse
D) Both "a" and "b"

Which of the Following Is NOT an Example of Financial