The Practice of Shifting Income from Good Years to Poor

question 39

Multiple Choice

The practice of shifting income from good years to poor years in order to show a record of steady growth is

• A)known as earnings management and may be considered unethical.
• B)highly recommended,but not required by IFRS.
• C)a basic requirement of accrual accounting.
• D)a requirement of IFRS.

Recognize the topic sentence in a paragraph.

Acknowledge the impact of mistakes and their role in historical and contemporary contexts.

Analyze the elements of storytelling and the construction of narrative arcs.

Relate historical events or figures to broader themes or lessons.

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Definitions:

Organizational Commitment

The level of engagement and loyalty an employee feels towards their organization, which can influence their willingness to stay and perform at high levels.

Justice And Support

The principle that emphasizes fairness in the treatment of individuals and the provision of support to employees by organizations.

Outsourcing

The practice of hiring third-party vendors to perform tasks, handle operations, or provide services that are either difficult to manage or outside the company's core expertise.

Social Support

The assistance and comfort received from friends, family, and acquaintances, providing a buffer against adverse situations.