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As a major lobbyist on generally accepted accounting principle (GAAP), managers_________. a. do not influence financial reports b. support a standard that increases earnings volatility

As a major lobbyist on generally accepted accounting principle (GAAP), managers_________.

a.

do not influence financial reports

b.

support a standard that increases earnings volatility

c.

do not support a standard that decreases reported earnings

d.

support a standard that discloses competitive information about products

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