Discuss the all statements

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Question: 1. A firm can create future income by temporarily increasing its bad debt allowance. Is this correct?

2. Low depreciation charges forecast losses in future income statements. Is this correct?

3. A decrease in warranty liabilities increases net sales. Is this correct?

4. Increasing profit margins by underestimating expenses creates net operating assets. Is this correct?

Reference no: EM131491369

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