All of the following situtations below might indicate a, Ask an Expert

Accounting

All of the following situtations below might indicate a company has a low quality of earnings except
Revenue is recognized when earned.

A lack of disclosure about guaranteed payments that were mentioned in the MD&A of the annual report.
Maintenance costs are capitalized and then depreciated.

Adoption of a different inventory method for each of the last three years.

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Accounting Basics, Accounting

Category:- Accounting Basics
Reference No.:- M91734035

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