____________ can be defined as the deviation from the traditional methods used to interpret an accounting rule or standard.
A) Unvalidated accounting
B) Stealth accounting
C) Creative accounting
D) Fragmented accounting

Question

Quizplus · Accepted Answer

Creative accounting refers to the deliberate use of accounting principles and methods in a non-traditional manner to present financial information in a more favorable way. This can involve aggressive revenue recognition, manipulating expenses, or concealing liabilities. It can be used to achieve a specific financial goal, such as meeting earnings targets or obtaining financing, but is considered unethical and can involve illegal activities.

____________ Can Be Defined as the Deviation from the Traditional