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easyMCQCUET UG 2024 Accountancy Question Paper (17-May-2024) (Shift 3)2026Accountancy
1 mark

Window dressing is a practice:

  1. A
    To manipulate the accounts to show a better picture of the financial position than the actual one.
  2. B
    To show excessive depreciation.
  3. C
    To avoid tax.
  4. D
    To reduce tax.

Solution & Step-by-step Explanation

Window dressing refers to artificial account manipulation techniques used to project an inflated, overly favorable image of a firm's financial health to stakeholders compared to actual reality.

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Window dressing is a practice:
A
To manipulate the accounts to show a better picture of the financial position than the actual one.
B
To show excessive depreciation.
C
To avoid tax.
D
To reduce tax.

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