Business, 06.07.2021 17:10 student679

A. If management reports truthfully, what economic events are likely to prompt the following accounting changes? • Increase in the estimated life of depreciable assets
• Decrease in the uncollectible allowance as a percentage of gross receivables
• Recognition of revenues at the point of delivery rather than at the point cash is received
• Capitalization of a higher proportion of software R&D costs
b. What features of accounting, if any, would make it costly for dishonest managers to make the same changes without any corresponding economic changes?

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A. If management reports truthfully, what economic events are likely to prompt the following account...

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