A Wall Street Journal article noted that Micro Strategy reported higher income than its competitors by using
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A Wall Street Journal article noted that Micro Strategy reported higher income than its competitors by using a more aggressive policy for recognizing revenue on future upgrades to its products. Some contend that Micro Strategy’s quality of earnings is low. What does the term “quality of earnings” mean?
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The term quality of earnings refers to the credibility of the earnings number r...View the full answer
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Related Book For 
Intermediate Accounting
ISBN: 978-0470423684
13th Edition
Authors: Donald E. Kieso, Jerry J. Weygandt, And Terry D. Warfield
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