An example of people trying to avoid measurement would be
A) A manager increases profits by selling lower quality merchandise, knowing that sales returns and warranty claims are likely to be reported in the next fiscal year.
B) A company decides to report using IFRS rather than GAAP.
C) A chief executive buys out the shareholders of a public company, so that the company will no longer need to report results to the SEC or the public.
D) A company writes a letter to the FASB asking it to allow research costs to be treated as assets, rather than as expenses.
Correct Answer:
Verified
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