Explain what is meant by the following two statements and why they may be true: Where management
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Where management does not try to manipulate earnings, there is a positive effect on earnings quality. The absence of earnings management does not, however, guarantee high earnings quality.
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When management does not try to manipulate earnings then the earnings are reliable assuming it has b...View the full answer
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Ethical Obligations and Decision Making in Accounting Text and Cases
ISBN: 978-0077862213
3rd edition
Authors: Steven Mintz, Roselyn Morris
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