Why would a company want to take more negative adjustments (e.g., decrease assets, increase reserves, reduce sales, etc.) in a down period?
How does this potentially benefit future earnings? Describe how the adjustments would work.
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Why would a company want to take more negative adjustments (e.g., decrease assets, increase reserves, reduce sales, etc.) in a down period?
How does this potentially benefit future earnings? Describe how the adjustments would work.
Forensic Accounting
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