Revenue frauds are perpetrated by:
A) Improperly timing transactions
B) Recording receivables to fictitious customers
C) Overestimating the extent to which the earnings process has been completed
D) All of the above

Question

Quizplus · Accepted Answer

D: Revenue frauds are most commonly perpetrated by improper revenue recognition. This can include fraudulent reporting of fictitious sales, improper timing of revenue recognition, or overestimating the extent to which the earnings process has been completed.

Revenue Frauds Are Perpetrated By