A Wall Street Journal article noted that MicroStrategy (USA) reported higher income than its competitors by using

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A Wall Street Journal article noted that MicroStrategy (USA) reported higher income than its competitors by using a more aggressive policy for recognizing revenue on future upgrades to its products. Some contend that MicroStrategy’s quality of earnings is low. What does the term “quality of earnings” mean?

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Intermediate Accounting

ISBN: 978-0470873991

IFRS Edition

Authors: kieso, weygandt and warfield.

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