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As Lorien is preparing the end of year financial statements, she realizes that the earnings are not quite high enough to justify the large loan
As Lorien is preparing the end of year financial statements, she realizes that the earnings are not quite high enough to justify the large loan application that is being currently processed. She decides to stretch the assumptions just enough to be able to meet the requirements for the loan application. This is an example of:
Income smoothing Meeting external expectations Meeting internal targets Window dressing |
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