The Laugh-Out-Loud festival is a popular two-week summer festival in Laneville.The festival has been operating successfully for four years, and this year they are applying for a provincial grant in order to offer more activities at the festival.Which one of the following earnings management techniques might Laugh-Out-Loud be using?
A) Managing earnings to increase income.
B) Managing earnings to decrease income.
C) Managing earnings to smooth income.
D) Taking a Big Bath.
Correct Answer:
Verified
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