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Which of the following should managers do in the financial reporting process? a. Make sure...

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Accounting

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Which of the following should managers do in the financial reporting process? a. Make sure that revenues are recognized on the correct date based on the shipping terms. b. Make sure that the reported net sales amount meets or beats shareholders' expectation. C. Make sure that the company is not reporting a loss. d. Make sure that the company is choosing a reporting period that maximizes revenues. True or false: To help shareholders reduce their uncertainty about future, companies should keep earnings similar over time by estimating more bad debt expense in good years and less bad debt expense in bad years

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