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According to new modelling by analysts, the companies in Australia could lose $ billions in revenue between now and the next couple of years. Therefore,

According to new modelling by analysts, the companies in Australia could lose $ billions in revenue between now and the next couple of years. Therefore, many companies are practising aggressive earnings management to control the situation. Do you think is it the right approach by the Australian companies towards earnings management? if not, Explain your answer in detail. [ 8 marks]

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