When Faced with Falling Short of a Desired Earnings Target,financial

question 35

Multiple Choice

When faced with falling short of a desired earnings target,financial executives reportedly might consider any of the following actions except

• A)prematurely taking an accounting charge.
• B)providing incentives for customers to buy more product this quarter.
• C)decreasing discretionary spending.
• D)delaying the start of a new project.

---

Definitions:

Notice of Dishonor

A formal notification that a negotiable instrument, like a check, has been refused payment.

Dishonored

Refers to the refusal or inability to pay a financial obligation when due, such as a bounced check or a default on a payment.

Notice of Dishonor

A formal notification indicating that a financial instrument, like a check or draft, has been presented for payment and refused.

Collection Bank

A financial institution involved in processing checks and payments on behalf of other banks or entities.