General Management · Professional Ethics
Which of the following practices is an unethical example of 'Window Dressing' in financial reporting?
Verified Solution4 OptionsUpdated: October 2026👁️1 View
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- 1Disclosing all non-performing assets (NPAs) accurately according to standard timelines.
- 2Manipulating loan classifications to show artificially lower NPAs just prior to the reporting date.✓
- 3Employing internal as well as external auditors to verify financial disclosures.
- 4Delaying the public announcement of the quarterly profit statement due to audits.
Correct answer
Manipulating loan classifications to show artificially lower NPAs just prior to the reporting date.
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