Which of the following accounting practices would be considered LEAST aggressive?

A) Using short useful lives for fixed assets.

B) Shifting future expenses to the current reporting period as a special charge.

C) Recording investment income as revenue.

D) Recording revenue prematurely.

The correct answer was A.

Using a short useful life to record depreciation expense for fixed assets is a conservative accounting practice because the asset is being depreciated more quickly thereby increasing depreciation expense and reducing net profits. The other accounting practices would all be considered aggressive.