Which of the following is not an example of financial statement fraud?
A) Falsification of material financial records, supporting documents, or business transactions
B) Unintentional misapplication of accounting principles
C) Deliberate omission of material disclosures
D) All of the above are examples of financial statement fraud

Question

Quizplus · Accepted Answer

Option B is not an example of financial statement fraud because it involves unintentional errors or mistakes in the application of accounting principles, whereas financial statement fraud involves deliberate and intentional actions to deceive stakeholders in financial statements. Options A and C are examples of financial statement fraud. Option D is incorrect because it includes all options, including option B, which is not a correct example of financial statement fraud.

Which of the Following Is Not an Example of Financial