Question

According to a study sponsored by The Committee of Sponsoring Organizations (COSO), the most common way to manipulate revenue accounts is by __________.

Answer 1

The most common way to manipulate revenue accounts is by recognizing revenue too early.

Step-by-step explanation:

According to a study sponsored by The Committee of Sponsoring Organizations (COSO), the most common way to manipulate revenue accounts is by **recognizing revenue too early**. This is done by recording sales or revenue before they are actually earned, such as shipping goods before completing the sale or inflating revenue through fictitious sales.