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Financial statements analysts must ensure that their forecasts are objective, realistic, and unbiased. Some companies executives and managers can be too optimistic about their companies

Financial statements analysts must ensure that their forecasts are objective, realistic, and unbiased. Some companies executives and managers can be too optimistic about their companies outlook. Some accounting principles tend to be conservative. Express how these different risks and incentives can lead financial analysts, executives and managers, and accountants to different biases when predicting uncertain outcomes.

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