Which of the following does NOT describe a cause of management bias?

Question 35 options:

the desire for all stakeholders to have access to all information

the desire to meet financial analysts' expectations

the tendency to downplay negative events

the need to comply with contracts, such as debt covenants

Question 36(1 point)

Which of the following is a primary motivation for minimizing net income?

Question 36 options:

To enhance managers' performance based compensation.

To positively influence users' assessment of management performance.

To comply with debt covenants which have been set by the bank.

To comply with the standards, the company has chosen to adopt

To mislead competitors about the success of the company.