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Assume that you are a member of the companys compensation committee. Assume further that the companys chief financial officer (CFO) is solely responsible for deciding

Assume that you are a member of the companys compensation committee. Assume further that the companys chief financial officer (CFO) is solely responsible for deciding the amount of the credit loss expense to record and that the CFO has a cash bonus plan that is a function of reported earnings before income taxes

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