Which of the following strategies may be considered an unethical way to increase reported profit?
A)record $100 received from a customer as unearned revenue instead of revenue
B)sell inventory at reduced prices in a special Saturday Sale
C)recognise $3 000 of accrued wages when in reality $2 000 wages are owing
D)depreciate a machine over 8 years , when its estimated life is 6 years

Question

Quizplus · Accepted Answer

The Answer of Which of the following strategies may be considered an unethical way to increase reported profit?
A)record $100 received from a customer as unearned revenue instead of revenue
B)sell inventory at reduced prices in a special Saturday Sale
C)recognise $3 000 of accrued wages when in reality $2 000 wages are owing
D)depreciate a machine over 8 years , when its estimated life is 6 years

Which of the Following Strategies May Be Considered an Unethical