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Which of the following is NOT a motivation to manage earnings? Companies try to meet or beat Wall Street earnings projections in order to grow
Which of the following is NOT a motivation to manage earnings?
Companies try to meet or beat Wall Street earnings projections in order to grow market capitalization and increase the value of stock options
Avoid the consequences of violating debt covenants
To smooth net income over time
To maximize employee bonuses
To maximize employee bonuses
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