1)Which technique was used by both WorldCom and Waste Management to manage earnings?

a)Manipulating asset net valuation amounts to minimize operating expenses for a period

b)Accelerating the recording of revenue into an earlier period

c)Delaying needed repairs to a later period

d)All of the above were used

2)Which of the following author(s) define(s) earnings management as "reasonable and legal management decision making and reporting intended to achieve stable and predictable financial results?"

a)Dechow and Skinner

b)Thomas E. McKee

c)Healy and Wahlen

d)Schipper