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Which of the following is NOT an example of a situation where earnings management ( EM ) ?is more likely? 1 . When the firm

Which of the following is NOT an example of a situation where earnings management

(

)

?is more likely?

1 .

When the firm is in play as a takeover target

2 .

The firm conducts all of its business with unrelated parties

3 .

The firm has very low positive earnings

4 .

When there has been a change in the firms managemen

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