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Required Questions:
Question 1. Assume that Donna is right to resist Thomas' demands for aggressive accounting. What are her options and the consequences of each of the options?
Question 2. How should Donna go about winning the argument if she attempts to convince Thomas that it would be wrong to implement the financial reporting alternatives that he has been proposing?
Question 3. Think about Thomas' main arguments (reasons and rationalizations) that she is trying to counter. What is at stake for the key parties (i.e., Donna, Thomas, its employees, and shareholders)?
Attachment:- thomas.rar
Hubbard argues that the Fed can control the Fed funds rate, but the interest rate that is important for the economy is a longer-term real rate of interest. How much control does the Fed have over this longer real rate?
Coures:- Fundamental Accounting Principles: - Explain the goals and uses of special journals.
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