Question : Window dressing is a practice
Option 1: to manipulate the accounts to show a better picture of the financial position than the actual one.
Option 2: to show excesive depreciaton.
Option 3: to avoid tax.
Option 4: to reduce tax.
Correct Answer: to manipulate the accounts to show a better picture of the financial position than the actual one.
Solution : Window dressing is a practice of manipulating the accounts to present a better picture of the financial statements than the real one.
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(A)
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