According to the study done by the Securities and Exchange Commission, in what area were the greatest number of enforcement actions taken?
A) Improper use of off-balance-sheet arrangements
B) Improper expense recognition
C) Improper accounting for business combinations
D) Improper revenue recognition

Question

Quizplus · Accepted Answer

The study conducted by the Securities and Exchange Commission found that the greatest number of enforcement actions taken were related to improper revenue recognition, with 856 actions taken between 2014 and 2018.

According to the Study Done by the Securities and Exchange