Question
31. Which of the following is an example of accruals management used to improve current earnings? a. Decreasing estimated salvage value of equipment. b. Writing
31. Which of the following is an example of accruals management used to improve current earnings?
a. Decreasing estimated salvage value of equipment. b. Writing off obsolete inventory. c. Underestimating warranty claims. d. Accruing a contingent liability for an ongoing lawsuit
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Auditing The Art and Science of Assurance Engagements
Authors: Alvin A. Arens, Randal J. Elder, Mark S. Beasley, Joanne C. Jones
14th Canadian edition
134613112, 134835018, 9780134885254 , 978-0134613116
