4. Financial statement fraud is often attributed to pressures. These pressures include all of the following except:

A. investment losses by managers.

B. meeting analysts' expectations.

C. deadlines, and cutoffs.

D. qualifying for bonuses.

E. None of the above.

5. Which of the following statements is true with regard to accounting?

A. Assets are resources under the entity's control that do not have future value.

B. Liabilities are obligations to suppliers, other creditors and stockholders

C. Assets usually equal liabilities and stockholders' equity but sometimes include net profits as well.

D. Revenues plus expenses, which net to profits, are more important pieces of information than assets, liabilities and stockholders' equity

E. None of the above.