Which of the Following Are Defined as Intentional Distortions of Financial

Multiple Choice

Which of the following are defined as intentional distortions of financial statement.

^{S<\sup>35.The disclosure of accounting policies, is important to financial statement readers in determining}

A) net income for the year.
B) whether accounting policies are consistently applied from year to year.
C) the value of obsolete items included in ending inventory.
D) whether the working capital position is adequate for future operations.