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3. Which of the following companies is the most likely suspect for managing earnings lower This Year? Company Year Normal Accruals Discretionary Accruals Spaniel Craig

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3. Which of the following companies is the most likely suspect for managing earnings lower This Year? Company Year Normal Accruals Discretionary Accruals Spaniel Craig Co Two Years Ago -0.052 0.024 Spaniel Craig Co Last Year -0.068 -0.014 Spaniel Craig Co This Year -0.238 0.139 Sean Collie Inc Two Years Ago -0.082 -0.013 Sean Collie Inc Last Year -0.020 -0.053 Sean Collie Inc This Year 0.080 -0.143 Pinscher Brosnan Ltd Two Years Ago -0.038 0.310 Pinscher Brosnan Ltd Last Year -0.049 0.188 Pinscher Brosnan Ltd This Year -0.044 0.246 Both Sean Collie Inc and Pinscher Brosnan Ltd Spaniel Craig Co None of the companies Sean Collie Inc Pinscher Brosnan Ltd

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