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Question 15   Accounting estimates (such as the allowance for doubtful accounts) are especially susceptible to management...

Question 15  

Accounting estimates (such as the allowance for doubtful accounts) are especially susceptible to management bias.   

  • True

  • False

Question 16  

Accounting estimates are rarely ever used as a means for management to manage or misstate earnings.   

  • True

  • False

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Answer #1

Solution 15:

True, Accounting estimates (such as the allowance for doubtful accounts) are especially susceptible to management bias.

solution 16:

False, accounting estimates are oftenly used as a means for management to manage or misstate earnings.

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