AOL $2\mathrm{.}1$ TB MC Qu$.4-48($Static$)$ Income smoothing refers to$...$

Income smoothing refers to the ability of management to:

Multiple Choice

A$.$ Report an earnings amount in each period less than actual earnings.

B$.$ Maintain sales to its current customers for several years

C$.$ Report an earnings amount in each period greater than actual earnings

D$.$ Use accruals to reduce the volatility of reported earnings over time: