Disclosure frauds occur through misrepresentations about the company or through what other intentional act?
A)omissions in the footnotes to the financial statements
B)falsely increasing sales
C)creating off-balance sheet accounts
D)conducting related-party transactions

Question

Disclosure frauds occur through misrepresentations about the company or through what other intentional act​?
A)​omissions in the footnotes to the financial statements
B)​falsely increasing sales
C)​creating off-balance sheet accounts
D)​conducting related-party transactions

Quizplus · Accepted Answer

Disclosure frauds can occur through omissions in the footnotes to the financial statements, as these omissions can mislead stakeholders by not providing complete information about the company's financial situation.

Disclosure Frauds Occur Through Misrepresentations About the Company or Through