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Which of the following does NOT describe a cause of management bias? 1) the desire to meet financial analysts' expectations 2) the desire to improve

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Which of the following does NOT describe a cause of management bias? 1) the desire to meet financial analysts' expectations 2) the desire to improve income because of compensation schemes tied to income 3) the tendency to downplay negative events 4) the desire for all stakeholders to have access to all information 5) the need to comply with contracts, such as debt covenants

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