One definition of earnings management is that it occurs when managers use A. judgment in financial...
One definition of earnings management is that it occurs when managers use
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A. judgment in financial reporting to alter financial reports to mislead stakeholder.
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B. an accounting method that is inconsistent with other industry members.
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C. more conservative accounting estimates than other companies.
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D. pro forma accounting results as opposed to GAAP results.
Firm's choices and estimates within U.S. GAAP should be determined by
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A. how the industry operates.
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B. the firm's underlying economic circumstances.
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C. SEC interpretations regarding specific choices.
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D. the firm's auditor.
Homework Answers
One definition of earnings management is that it occurs when managers use
Answer : A. judgment in financial reporting to alter financial reports to mislead stakeholder.
Firm's choices and estimates within U.S. GAAP should be determined by
Answer : B. the firm's underlying economic circumstances.
Add Answer to:
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