Which accounts are most commonly manipulated in a financial statement fraud?
A) Revenues/ receivables
B) Inventory/ COGS
C) Long-term liabilities
D) Short-term liabilities

Name: Which accounts are most commonly manipulated in a financial statement fraud? A) Revenues/ receivables B) Inventory/ COGS C) Long-term liabilities D) Short-term liabilities
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Question

Quizplus · Accepted Answer

A: Correct; Revenue and receivable accounts are by far the most commonly manipulated accounts in financial statement frauds.

Which Accounts Are Most Commonly Manipulated in a Financial Statement