Question: Explain the terms creative accounting and earnings management. 2 Explain the motivations for managers to manage earnings from the viewpoint of contractual, market and

Explain the terms creative accounting and earnings management. 2 Explain the motivations

Explain the terms creative accounting and earnings management. 2 Explain the motivations for managers to manage earnings from the viewpoint of contractual, market and political cost incentives. 3 Discuss four suggestions on limiting creative accounting and earnings management practices.

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