Conservative accounting refers to
A. a manager’s tendency to shirk his stewardship responsibilities.
B. a manager’s engagement in greater risk taking.
C. a decision to downplay the negative and focus on the positive.
D. a decision to downplay the positive and focus on the negative.
Answer:D
Conservative accounting refers to
A. a manager’s tendency to shirk his stewardship responsibilities. B. a manager’s engagement in greater risk taking. C. a decision to downplay the negative and focus on the positive. D. a decision to downplay the positive and focus on the negative.