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Save uestion 20 (1 point) Which of the following is an explanation of how GAAP can be used as an Earnings Management technique? Changing to LIFO inventory cost flow from FIFO inventory cost flow accounting is an effective Changing an estimate of useful life or of salvage value is an effective earnings management technique. Changing from one GAAP accounting method to another GAAP accounting method is an effective earnings management technique. Modifying estimates of the future cash flows when asset impairments occur isian effective earnings Save Question 21 (1 point) The term Earnings Quality refers to the ability of reported earnings to predict a company's future earnings. Which of the following likely would reduce earnings quality? Paying off an account payable outside the discount period. Writing goodwill down to reflect impairment loss enovO Save uestion 20 (1 point) Which of the following is an explanation of how GAAP can be used as an Earnings Management technique? Changing to LIFO inventory cost flow from FIFO inventory cost flow accounting is an effective Changing an estimate of useful life or of salvage value is an effective earnings management technique. Changing from one GAAP accounting method to another GAAP accounting method is an effective earnings management technique. Modifying estimates of the future cash flows when asset impairments occur isian effective earnings Save Question 21 (1 point) The term Earnings Quality refers to the ability of reported earnings to predict a company's future earnings. Which of the following likely would reduce earnings quality? Paying off an account payable outside the discount period. Writing goodwill down to reflect impairment loss enovO

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