Question: 5 . Roychowdhury ( 2 0 0 6 ) contributes to the literature on earnings management by presenting evidence on the management of operational activities.

5. Roychowdhury (2006) contributes to the literature on earnings management by presenting evidence on the management of operational activities. What operational* activities did the paper examine? Choose all that apply.
a. Adversting expenses
b. Production expenses
c. R&D expenses
d. Lenient credit terms

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