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    Accounting for Business
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    Exam 7: Regulatory Framework for Companies
  5. Question
    Incorrect Capitalisation of Expenses Is a Means of Creative Accounting
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Incorrect Capitalisation of Expenses Is a Means of Creative Accounting

Question 12

Question 12

Multiple Choice

Incorrect capitalisation of expenses is a means of creative accounting that:


A) overstates revenues.
B) understates revenues.
C) understates net income.
D) overstates net income.

Correct Answer:

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