Question: WorldCom improperly accounted for its line cost expense by: A. Allocating line-cost expense to PPE in its first recording of the line-cost transactions B. Initially

WorldCom improperly accounted for its line cost expense by:

A.

Allocating line-cost expense to PPE in its first recording of the line-cost transactions

B.

Initially properly debiting the line-cost expense to an expense account and later transferring the expense to PPE.

C.

Misclassifying part of its line-cost expense as goodwill.

D.

Adding its line-cost expense to inven-tory to reduce cost of goods sold.

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