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10. Which of the following conditions is most likely associated with decreased earnings quality? Compared with the prior year, the reporting entity's earnings: A. decreased
10. Which of the following conditions is most likely associated with decreased earnings quality? Compared with the prior year, the reporting entity's earnings: A. decreased slightly in response to the introduction of conservative accounting policies.. B. were similar in magnitude but included a large gain on the sale of a manufacturing plant. C. increased slightly because of a reduction in bad debt expense based on more-current experiences
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