What does the term window dressing mean in the context of financial statements? Identify three window-dressing techniques
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What does the term ‘window dressing’ mean in the context of financial statements? Identify three window-dressing techniques that companies use. What implications does this have for cash flows in terms of its relationship with reported revenue and cost figures?
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In the context of financial statements window dressing refers to the manipulation of financial information or presentation to create a more favorable impression of a companys financial position than i...View the full answer
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Related Book For 
Corporate Finance
ISBN: 9780077173630
3rd Edition
Authors: David Hillier, Stephen A. Ross, Randolph W. Westerfield, Bradford D. Jordan, Jeffrey F. Jaffe
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