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UESTION 11 In reviewing the financial statements of growing companies, analysts usually view a reduction of discretionary expenses such as maintenance and repair of equipment

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UESTION 11 In reviewing the financial statements of growing companies, analysts usually view a reduction of discretionary expenses such as maintenance and repair of equipment positively because the company's expenses are lowered and hence its profitability is increased. O suspiciously because long term profitability can be harmed when expenditures needed to extend the useful life of assets are reduced O positively because the company is eliminating unnecessary expenses

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