Critics of historical cost accounting for long-term debt argue that the procedures give management unreasonable opportunity to
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Critics of historical cost accounting for long-term debt argue that the procedures give management unreasonable opportunity to "manage" income with the timing of bond retirements. What phenomenon do these critics have in mind?
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Related Book For 
Financial Accounting An Introduction To Concepts Methods And Uses
ISBN: 9780324183511
10th Edition
Authors: Clyde P. Stickney, Roman L. Weil
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