Question
1)Needles suggests that making judgments about what earnings management is becomes difficult because: rev: 04_13_2017_QC_CS-85546 a)It depends on management's intentions b)There is no clear limit
1)Needles suggests that making judgments about what earnings management is becomes difficult because:
rev: 04_13_2017_QC_CS-85546
a)It depends on management's intentions
b)There is no clear limit beyond which a choice is clearly unethical
c)A perfectly routine accounting estimate may be illegal and unethical
d)All of the above
2)The main accounting issues in the Nortel Networks case were:
a)Capitalization of operating expenses and off-balance-sheet entities
b)Capitalization of operating expenses and hidden cash reserves
c)Premature revenue recognition and off-balance-sheet entities
d)Premature revenue recognition and hidden cash reserves
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