______________ is the purposeful intervention in the process of reporting income numbers with the objective of dampening the fluctuations of those numbers around their trend.
A) Stakeholder management
B) Income smoothing
C) Cookie jar accounting
D) Off-shore financing

Question

Quizplus · Accepted Answer

Income smoothing is the purposeful intervention in the process of reporting income numbers with the objective of dampening the fluctuations of those numbers around their trend. Stakeholder management refers to the process of managing and maintaining relationships with stakeholders. Cookie jar accounting is a practice where a company puts aside money for future expenses or losses that may arise. Off-shore financing involves raising funds in a foreign country to take advantage of lower taxes or regulations.

______________ Is the Purposeful Intervention in the Process of Reporting