Which of the following is not a reason that senior management would overstate business performance to meet certain objectives?
A) To meet a lender's criteria for granting/extending loan facilities
B) To meet or exceed the earnings or revenue growth expectations of stock market analysts
C) To reduce current expectations so that future growth will be better perceived and rewarded
D) To increase the amount of financing available from asset-based loans

Question

Quizplus · Accepted Answer

Overstating business performance is typically aimed at meeting or exceeding current expectations to secure loans, satisfy analysts, or increase financing, not at reducing current expectations for future benefits.

Which of the Following Is Not a Reason That Senior