when all the times minutes minutos Mungu This inny beraber Arts One must beurred in one sing. Denalwethers before in Save and submit Chi Memy Remaining Time: 2 hours 07ter 36 seconds O Campinas Question 16 of 25 Mow anche questavenisse 4 points Save Answer Question 16 One of the commonly used schemes for earnings management is ine cxvicept of using cookiejar reserves. This is best illustrated by which of the following statements A Companies accelerate the timing of revenue recognition to make earnings look better rather than reporting Income in the right period on Companies classily lems which should be ordinary operating expenses as extraordinary losses to make the earnings look better. Oc Companies establish reserves in the current period. Companies then reduce these reserves in the future to increase reported Income in the future. o Compenies defer the recognition of experises by capitalizing them into long-lived assets and spreading their impact over multiple years. Moving to another question will save this response Question 16 of 25 ***** $ 23 2. 5 6 6 & 7 7 8 8 9 2 o E R R 7 y delete u o P D F G C HPK H 1 K L do C I V / B N M ? 36 Command eption A @802A Remaining Time: 2 hours, 07 minutes, 12 seconds Come Completion Status Mowa o her question will save this response Question 17 Whale Corporation reports accrual basis net income of $100,000 for 2020. The following additional information is provided: 2020 2019 $40,000 $20,000 Prepaid visurance Taxes payable 75,000 25,000 Nel cash provided by operating activities for 2020 is what amount? DA $70,000 8 $120.000 O $110,000 D. $130,000 Moving to another question will save this response SQL a 7 SO de 2 . 4 BET A 70 5 W E R 8 A T 9 $ Y y ) o D U F 1 7 G o X H C J V B L . N M M command option