- The finance manager of ABC Co. approves the financial statements that has an overstated net income since they believe this will develop a good managerial image of the company. Which qualitative characteristic is violated? * Relevance Neutrality Reliability

- The finance manager of ABC Co. approves the financial statements that has an overstated net income since they believe this will develop a good managerial image of the company. Which qualitative characteristic is violated? * Relevance Neutrality Reliability

Principles of Accounting Volume 2

19th Edition

ISBN:9781947172609

Author:OpenStax

Publisher:OpenStax

Chapter9: Responsibility Accounting And Decentralization

Section: Chapter Questions

Problem 9MC: Managers in decentralized organizations make decisions relating to all of the following...

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65. The finance manager of ABC Co. approves the financial statements that has an overstated net
income since they believe this will develop a good managerial image of the company. Which
qualitative characteristic is violated? * I
Relevance
Neutrality
Reliability
O Completeness

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