Question
The main difference between a discretionary and nondiscretionary accrual is: A. Discretionary accruals always lead to an increase in earnings B. Discretionary accruals are items
The main difference between a discretionary and nondiscretionary accrual is: A. Discretionary accruals always lead to an increase in earnings B. Discretionary accruals are items that management has full control over C. Discretionary accruals are based on changes in the fundamental performance of the firm D. Discretionary accruals arise from transactions considered normal for the firm
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Financial Accounting
Authors: Alan Melville
2nd Edition
0273634399, 978-0273634393
