Revenue fraud includes all of the following EXCEPT:
A) reporting revenue when goods have not yet been delivered.
B) channel stuffing.
C) sales to nonexistent customers.
D) recognizing revenue when earned.

Question

Quizplus · Accepted Answer

Revenue fraud involves intentionally misrepresenting the revenue generated by a company through deceptive or fraudulent practices. Options A, B, and C are all examples of revenue fraud. However, recognizing revenue when earned is a legitimate accounting practice and not considered revenue fraud.

Revenue Fraud Includes All of the Following EXCEPT