"Cookie Jar Reserves" Can Best Be Described As

Multiple Choice

"Cookie jar reserves" can best be described as:

A) Buying a lot of chocolate chip cookies, storing them for when you have a hunger attack, and then releasing them into your stomach
B) Overstating or understating allowances and reversing amounts in the future to smooth out net income over time
C) Accelerating the recording of revenues into an earlier year than is warranted
D) Delaying the recording of expenses to a later year to boost income in the current year