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5 From the options listed below, which of the following does NOT describe a cause of management bias? Select one: a. the desire for all stakeholders to have access to all information b. the tendency to downplay negative events c. the desire to meet financial analysts’ expectations d. the need to comply with contracts, such as debt covenants

5 From the options listed below, which of the following does NOT describe a cause of management bias? Select one: a. the desire for all stakeholders to have access to all information b. the tendency to downplay negative events c. the desire to meet financial analysts’ expectations d. the need to comply with contracts, such as debt covenants

Financial Reporting, Financial Statement Analysis and Valuation
Financial Reporting, Financial Statement Analysis and Valuation
8th Edition
ISBN:9781285190907
Author:James M. Wahlen, Stephen P. Baginski, Mark Bradshaw
Publisher:James M. Wahlen, Stephen P. Baginski, Mark Bradshaw
Chapter10: Forecasting Financial Statement
Section: Chapter Questions
Problem 2QE: The chapter encourages analysts to develop forecasts that are realistic, objective, and unbiased....
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5

From the options listed below, which of the following does NOT describe a cause of management bias?

Select one:
a. the desire for all stakeholders to have access to all information
b. the tendency to downplay negative events
c. the desire to meet financial analysts’ expectations
d. the need to comply with contracts, such as debt covenants
 
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