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Please answer question 18,19,20,21 18. Health South overstated its earnings by a. Capitalizing operating expenses b. Inflating accounts receivable c. Faking sales d. Selling investment
Please answer question 18,19,20,21
18. Health South overstated its earnings by a. Capitalizing operating expenses b. Inflating accounts receivable c. Faking sales d. Selling investment portfolios cash flows from assets. 19. Capitalizing operating expenses like World Com and Enron will lead to operating activities and a. greater; greater b. greater; smaller C. smaller; greater d. smaller; smaller 20. Big Bath technique refers to a company's management team knowingly manipulating its income statement to make poor results look better in order to maintain the manager's high compensation. a. True b. False 21. Cookie Jar Reserve technique can be done through manipulating. a. sales b. sales returns and allowances c. cost of goods sold d. sale of fixed assetsStep by Step Solution
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