Question: Which statement is correct? Users like earnings that closely correspond to reported results without management bias. Users can routinely determine the contractual incentives causing excessive

Which statement is correct? Users like earnings that closely correspond to reported results without management bias. Users can routinely determine the contractual incentives causing excessive accruals. Excessive accruals are transparent and improve the quality of financial reporting. The amount and types of excessive accruals are directly related to earnings quality

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