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Which of the following may cause management to intentionally understate profits? Question 8 Not yet answered Marked out of 1.00 P Flag question Select one:

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Which of the following may cause management to intentionally understate profits? Question 8 Not yet answered Marked out of 1.00 P Flag question Select one: O a. Management wants to create "cookie jar" reserves for a rainy day. O b. The company believes its income tax expense is too high. O c. The company is suffering a large loss and wants to take a "big bath." O d. All of the above

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