Which of the following should be considered when examining a software development company's earnings persistence?
I. Changes in accounting estimates
II. Amount spent on software development
III. Gains from sale of marketable securities
IV. Managerial compensation
A) I, II, III, and IV
B) I, II, and III
C) I, II, and IV
D) I, III, and IV
Correct Answer:
Verified
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A)is desirable as it
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A)are not required by SEC.
B)are
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