What are discretionary expenses? What is the importance of discretionary expenses for analysis of earnings quality?

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Financial Statement Analysis

ISBN: 978-0078110962

11th edition

Authors: K. R. Subramanyam, John Wild

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Question Posted: Jan 22, 2015 10:18 AM

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What are discretionary expenses? What is the importance of discretionary expenses for analysis of earnings quality?

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Discretionary costs are outlays which management can var...View the full answer

Financial Statement Analysis

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