The falsification of accounting reports is referred to as:
A)Defalcation
B)Internal Theft
C)Misappropriation of Assets
D)Earnings Management

Question

Quizplus · Accepted Answer

The falsification of accounting reports is commonly known as earnings management, where financial statements are manipulated to achieve a particular financial outcome. Defalcation is typically referred to as the embezzlement or misappropriation of funds, while internal theft is stealing or misuse of company property, and misappropriation of assets is the misuse of company assets for personal gain.

The Falsification of Accounting Reports Is Referred to As