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Earnings Management with expenses means   a. Capitalize it to report higher asset levels and lower equity levels. b. Capitalize it to report higher asset levels and higher equity levels. c. Expense it to report lower asset levels and higher equity levels. d. Expense it to report lower asset levels and lower equity levels.

Earnings Management with expenses means   a. Capitalize it to report higher asset levels and lower equity levels. b. Capitalize it to report higher asset levels and higher equity levels. c. Expense it to report lower asset levels and higher equity levels. d. Expense it to report lower asset levels and lower equity levels.

FINANCIAL ACCOUNTING
FINANCIAL ACCOUNTING
10th Edition
ISBN:9781259964947
Author:Libby
Publisher:Libby
Chapter1: Financial Statements And Business Decisions
Section: Chapter Questions
Problem 1Q
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Earnings Management with expenses means

 

a. Capitalize it to report higher asset levels and lower equity levels.

b. Capitalize it to report higher asset levels and higher equity levels.

c. Expense it to report lower asset levels and higher equity levels.

d. Expense it to report lower asset levels and lower equity levels.

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