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Explain difference between accrual and cash-based accounting

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Explain the difference between accrual- and cash-based accounting. How can accrual accounting create opportunities for unethical accounting practices?

Explain three reasons management would have incentives to manipulate earnings upward.

Explain one reason managers would have incentives to manipulate earnings downward.

Explain how cookie jar reserves work.

Explain why earnings smoothing can be considered ethical. Why is it unethical?

Reference no: EM13684392

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