Which of the following is an example of an irregularity in the accounting process?

Question

Quizplus · Accepted Answer

Recording bills in the next month instead of when incurred is an example of an irregularity in the accounting process. It violates the matching principle, which requires expenses to be recorded in the same accounting period as the revenue they are associated with. The other options involve employee theft, a manager's refusal to take vacation, and unauthorized borrowing of cash, which are all examples of unethical behavior but not necessarily irregularities in the accounting process.

Which of the Following Is an Example of an Irregularity