Management misstatement of financial statements often occurs in order to receive indirect benefits such as:
A)Decreased income taxes
B)Delayed cash flows
C)Increased stock prices
D)Increased dividends

Question

Quizplus · Accepted Answer

Increased stock prices can be an indirect benefit of management misstatement of financial statements, as it can lead to increased investor confidence and a higher valuation of the company's stock.

Management Misstatement of Financial Statements Often Occurs in Order to Receive