Question: Using the accounting equation (A = L + E), briefly describe how each of those illusions was being used to manipulate earnings. a. Big bath

Using the accounting equation (A = L + E), briefly describe how each of those "illusions" was being used to manipulate earnings.

a. "Big bath" restructuring charges

b. "Creative" acquisition accounting

c. "Cookie jar reserves"

d. "Immaterial" misapplications of accounting principles

e. Premature recognition of revenue

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