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How to answer the following short-answer questions. (I) Describe the relationship between 'earnings management' and 'professional judgement'. (II) Explain why earnings management is undertaken and

How to answer the following short-answer questions.

(I) Describe the relationship between 'earnings management' and 'professional

judgement'.

(II) Explain why earnings management is undertaken and the effect it can have.

(III) The case of Enron is an example of earnings management. Briefly explain

whether or not you agree with this statement.

Thank you,

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