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The video describes several financial misstatements that indicated DHB intentionally misrepresented its financial condition. Which of the following misstatements was not identified as misrepresenting the company's financial condition?

a) DHB inappropriately recorded $8 million of repair costs as additions to equipment.
b) DHB's accounts receivable were overstated by failing to report that $4 million of the accounts were uncollectible.
c) DHB failed to accrue for $37 million of warranty costs.
d) DHB failed to record a $19 million write-down of inventory on a timely basis.

Answer :

b) DHB's accounts receivable were overstated by failing to report that $4 million of the accounts were uncollectible. In summary, option b) is the correct answer as it was NOT mentioned as a misstatement that misrepresents the company's financial condition.

The video discusses several financial misstatements that indicated DHB intentionally misrepresented its financial condition.The question asks us to identify the misstatement that was NOT mentioned as misrepresenting the company's financial condition. The misstatements mentioned in the video are:a) DHB inappropriately recorded $8 million of repair costs as additions to equipment. b) DHB's accounts receivable were overstated by failing to report that $4 million of the accounts were uncollectible c) DHB failed to accrue for $37 million of warranty costs.
d) DHB failed to record a $19 million write-down of inventory on a timely basis.

To , we need to identify the misstatement that was NOT mentioned as misrepresenting the company's financial condition. The correct answer is the misstatement that does not misrepresent the company's financial condition.
b) DHB's accounts receivable were overstated by failing to report that $4 million of the accounts were uncollectible.
In the video, the misstatement regarding DHB's accounts receivable was mentioned as one of the financial misrepresentations. The company failed to report that $4 million of the accounts were uncollectible, resulting in an overstatement of the accounts receivable. This misstatement does misrepresent the company's financial condition.
The misstatements in options a), c), and d) were also mentioned in the video as misrepresenting the company's financial condition.

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