Ask Question
23 December, 00:44

One of the following is an example of managing earnings down (reducing earnings) ?

(A) Reducing research and development expenditures.

(B) Changing estimated bad debts from 3 percent to 2.5 percent of sales.

(C) Revising the estimated life of equipment from 10 years to 8 years.

(D) Not writing off obsolete inventory.

+2
Answers (1)
  1. 23 December, 04:31
    0
    The answer is (C) Revising the estimated life of equipment from 10 years to 8 years.

    Explanation:

    Revising estimated life of equipment from 10 years to 8 years has the effect of increasing annual charge of depreciation.
Know the Answer?
Not Sure About the Answer?
Get an answer to your question ✅ “One of the following is an example of managing earnings down (reducing earnings) ? (A) Reducing research and development expenditures. (B) ...” in 📙 Business if there is no answer or all answers are wrong, use a search bar and try to find the answer among similar questions.
Search for Other Answers