Creative accounting:
A) is a term used by the media to describe the process of selecting accounting methods when creating reports that provide results desired by preparers.
B) occurs, according to PAT, because managers will work for their own interests.
C) occurs when account preparers choose not to follow accounting standards to best reflect the performance of the firm.
D) is a term used by the media to describe the process of selecting accounting methods when creating reports that provide results desired by preparers and occurs, according to PAT, because managers will work for their own interests.
Correct Answer:
Verified
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