When preparing its financial statements a company is more co

When preparing its financial statements, a company is more concerned about which of the following?

Select one:

a. Assets and liabilities are not overstated

b. Assets and liabilities are not understated

c. Assets are not understated and liabilities are not overstated

d. Assets are not overstated and liabilities are not understated

Solution

d. Assets are not overstated and liabilities are not understated