1. Which of the following would improve a firm's earnings per share (manage earnings upward)?

(select all answers that apply, there may be more than one correct answer)

Group of answer choices

delaying the recognition of an expense

exercising a large number of stock options

taking a big bath

engaging in a stock buyback

delaying the start of a research and development project

accelerating the recognition of a revenue

2. Indicate the proper financial statement classification for each of the following items: Income Statement or Balance Sheet

Unearned Revenue

Sales Revenue (prepaid last year but revenue recognized this year)

Discount on Bond Payable

Interest Expense (incurred this year but to be paid next year)