It is commonly believed that to some degree many companies use accounting loopholes to "massage their numbers."

Question

Quizplus · Accepted Answer

While not all companies engage in this behavior, there have been instances where companies have used accounting loopholes to manipulate their financial statements and improve their reported performance. This can mislead investors and stakeholders, and undermine transparency and trust in the financial system.

It Is Commonly Believed That to Some Degree Many Companies