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The term __________ means manipulation of accounts in a way so as to conceal vital facts and present the financial statements in a way to show a better position than what it actually is

  • A.Silos of numbers
  • B.Window dressing
  • C.Credit analysis
  • D.Simulation

Answer: B

Window dressing is the manipulation of accounts to conceal vital facts and present the financial statements so that the position looks better than it actually is. 'Silos of numbers' is not a recognised accounting term in this sense. Credit analysis is the assessment of a borrower's ability to repay, and simulation is a method of modelling situations, so neither is the manipulation described.

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