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Ethical Obligations and Decision-Making in Accounting: Text and Cases 4th Edition by Steven Mintz,Roselyn Morris
Edition 4ISBN: 978-1259543470Ethical Obligations and Decision-Making in Accounting: Text and Cases 4th Edition by Steven Mintz,Roselyn Morris
Edition 4ISBN: 978-1259543470 Exercise 5
Evaluate the following statements from an ethical perspective:
"Earnings management in a narrow sense is the behavior of management to play with the discretionary accrual component to determine high or low earnings."
"Earnings are potentially managed, because financial accounting standards still provide alternative methods."
"Earnings management in a narrow sense is the behavior of management to play with the discretionary accrual component to determine high or low earnings."
"Earnings are potentially managed, because financial accounting standards still provide alternative methods."
Explanation
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Discretionary accruals are those items o...
Ethical Obligations and Decision-Making in Accounting: Text and Cases 4th Edition by Steven Mintz,Roselyn Morris
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