Which technique was used by both WorldCom and Waste Management to manage earnings?
A) Manipulating asset net valuation amounts to minimize operating expenses for a period
B) Accelerating the recording of revenue into an earlier period
C) Delaying needed repairs to a later period
D) All of the above were used

Question

Quizplus · Accepted Answer

Both WorldCom and Waste Management manipulated asset net valuation amounts to minimize operating expenses, which allowed them to manage earnings by reducing reported expenses.

Which Technique Was Used by Both WorldCom and Waste Management