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DanielleCPA
DanielleCPA , Certified Public Accountant (CPA)
Category: Finance
Satisfied Customers: 781
Experience:  CPA experienced in tax and financial planning
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To overstate earnings, a company can A. overstate receivables

Customer Question

To overstate earnings, a company can

A. overstate receivables and understate payables.
B. overstate expenses and overstate revenue.
C. understate unearned revenue and understate property, plant, and equipment.
D. understate expenses and understate revenue.
Submitted: 5 years ago.
Category: Finance
Expert:  DanielleCPA replied 5 years ago.

Hi and welcome to Just Answer! I'm happy to help answer your Finance questions.

 

A- overstate receivables and understate payables.