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Question Variability in earning numbers:Is desirable as it increases variance of earnings and hence value of stock options B.
1.Question Variability in earning numbers: A.Is desirable as it increases variance of earnings and hence value of stock optionsB. Increases if a company increases its operating leverageC. Increases if a company decreases its financial leverageD. Is independent of operating leverage2. Which of the following is not a typical form of earnings management? A. Changing accounting estimatesB. Offsetting one-time gains and lossesC. Changing accounting principlesD. Changing auditors