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Evaluate the following statements from an ethical perspective

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1. Evaluate the following statements from an ethical perspective;Earnings management in a narrow sense is the behavior of management to play with the discretionary accrual component to determine high or low earnings.;Earnings are potentially managed, because financial accounting standards still provide alternative methods.;2. In 2010, LinkedIn reported trade payable obligations totaling $10.8million in other accrued expenses within accrued liabilities instead of accounts payable. In 2011, note 2 in the 10-K financial statements described the use of accrued liabilities instead of accounts payable as a classification. Do you believe LinkedIn's accounting qualifies as a financial shenanigan? Why or Why not

 

Paper#20868 | Written in 18-Jul-2015

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