Which of the following is NOT an accounting method that could be chosen by a company to increase reported profits in a particular year?

Question

Quizplus · Accepted Answer

Classifying longer-term receivables as current assets would decrease reported profits in a particular year, as current assets are typically expected to be converted into cash within a year, while longer-term receivables are not. The other options could potentially increase reported profits in a particular year.

Which of the Following Is NOT an Accounting Method That