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Provide a two-period numeric illustration of how exaggerating restructuring charges could be exploited to postpone earnings to the future (create a 'cookie jar'). Your answer
Provide a two-period numeric illustration of how exaggerating restructuring charges could be exploited to postpone earnings to the future (create a 'cookie jar'). Your answer should be shown both using the balance sheet equation format, and in journal entries format.
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Cookie jar accounting involves manipulating earnings by exaggerating expenses or reserves to create ...
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