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For the situations described below, explain whether managers would be motivated to manage earnings, assets, and equity upward and liabilities downward, or alternatively, managers may be motivated to manage earnings, assets, and equity downward and liabilities upward.
Severed
Cut off or separated, typically referring to parts of the body or other structured entities.
Lateralization
The specialization of functions in distinct hemispheres of the brain, where one side is commonly more involved in certain tasks (e.g., language in the left hemisphere, spatial abilities in the right).
Brain Organization
The way in which the structures of the brain are arranged and interact to perform various functions.
Language Function
The purpose language serves in communication, such as to inform, persuade, question, or command.
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