Question: Q1 Explain the term earning and why is it paramount to stakeholders? Q2. The purpose of earning management to protect the entity. Do you agree

Q1 Explain the term earning and why is it paramount to stakeholders?

Q2. The purpose of earning management to protect the entity. Do you agree

Q3. What is the difference between accounting policy and accrual methods?

Q4 To what extent is real activities management is more reliable than other methods?

Q5 How can corporate governance mitigate the problems initiated by earning management?

Q6. Why are inventory valued at lower of cost or NRV? How does EM misuse the inventory valuation?

(cite examples and evidence)

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