Billionai re investor Warren Buffett was once quoted in the Financial Post as saying, The reaction of
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Billionai re investor Warren Buffett was once quoted in the Financial Post as saying, "The reaction of weak management to weak operations is often weak accounting."
INSTRUCTIONS:
What does he mean? Provide some examples. What are the implications for financial statement users?
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Buffett is saying that when a company is doing poorly management m...View the full answer
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