CPA Australia CPA Financial Accounting and Reporting Exam Financial-Accounting-and-Reporting Question # 5 Topic 1 Discussion

CPA Australia CPA Financial Accounting and Reporting Exam Financial-Accounting-and-Reporting Question # 5 Topic 1 Discussion

Financial-Accounting-and-Reporting Exam Topic 1 Question 5 Discussion:
Question #: 5
Topic #: 1

Which one of the following practices is not considered creative accounting?


A.

profit smoothing


B.

window dressing


C.

trading in derivatives


D.

aggressive earnings management


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