Multiple Choice
Which of the following is an example of managing earnings down?
A) Changing estimated bad debts from 3 percent to 2.5 percent of sales.
B) Revising the estimated life of equipment from 10 years to 8 years.
C) Not writing off obsolete inventory.
D) Reducing research and development expenditures.
Correct Answer:
Verified
Correct Answer:
Verified
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