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1.Which of the following is an example of managing earnings in a downward direction? a. Changing estimated bad debts from 3 percent to 2.5 percent

1.Which of the following is an example of managing earnings in a downward direction?

a. Changing estimated bad debts from 3 percent to 2.5 percent of sales.

b. Revising the estimated life of equipment from 10 years to 8 years.

c. Not writing off obsolete inventory.

d. Reducing research and development expenditures.

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