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Lowering volatility in reported income can make it easier to assess managers' performance. create a conflict of interest between shareholders and directors and officers. make

Lowering volatility in reported income can

make it easier to assess managers' performance.

create a conflict of interest between shareholders and directors and officers.

make it more difficult for stock analysts to evaluate a firm.

make assessing managers more difficult.

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Microeconomics An Intuitive Approach with Calculus

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