Which of the following is an example of revenue cycle fraud?

Question

Quizplus · Accepted Answer

Pocketing cash but not recording its collection is an example of revenue cycle fraud, as it involves theft of revenue without recording it properly in the company's financial records. Option A, earnings management, is not necessarily fraud but may involve manipulating financial statements to make them appear more favorable. Option B, writing off large depreciable or amortizable assets, may be a legitimate accounting practice. Therefore, only option C is a clear example of revenue cycle fraud.

Which of the Following Is an Example of Revenue Cycle