Which of the following terms is defined as an organization’s financial statement containing untrue data which is used to mislead?

Question

Responses

False financial statement
False financial statement

Bankruptcy charge
Bankruptcy charge

Bank statement fee
Bank statement fee

Identity theft

Answer 1

The term you're looking for is false financial statement. This refers to an organization’s financial statement that contains untrue data and is used to mislead others, typically to create a misleading picture of its financial health.