Question: 7 . Create examples showing a spectrum with strict adherence to conservative accounting policies at one end and aggressive and misleading earnings management at the

7. Create examples showing a spectrum with strict adherence to conservative accounting policies at one end and aggressive and misleading earnings management at the other end. How far along the spectrum can a business go before it crosses the line into fraud? Is this spectrum the same for all businesses? If not, discuss the differences and the similarities.

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