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1) Provide at least three plausible explanations for a situation where the announcement of a $30 million profit results in a drop in the share

1) Provide at least three plausible explanations for a situation where the announcement of a $30 million profit results in a drop in the share price of the company concerned.

2) Provide an example or examples of when earnings management has been or may have used. Why would it be used?

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