Which of the following is an aggressive accounting practice?
A)The use of a shorter service life for depreciation.
B)Waiting to record a litigation loss.
C)Recording a higher amount for bad debt expense.

Question

Quizplus · Accepted Answer

Waiting to record a litigation loss is considered an aggressive accounting practice because it delays recognizing expenses, potentially overstating the company's financial position in the short term.

Which of the Following Is an Aggressive Accounting Practice