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1.Is the accounting for revenue in the Victor transaction a case of operational earnings management or accounting earnings management? Explain. Briefly address auditing challenges of
1.Is the accounting for revenue in the Victor transaction a case of operational earnings management or accounting earnings management? Explain. Briefly address auditing challenges of this kind of
2.Who are the stakeholders in this case and what are their interests? Use ethical reasoning to evaluate the appropriateness of Levins request.
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