Question

Action in Current Period	Classification (Circle or Write One)	Impact on Reported Earnings (Circle or Write One)
Recognize revenue now instead of next period (if justified in either period)	Accrual EM Real EM	Higher Lower
Delay product release date	Accrual EM Real EM	Higher Lower
Increase allowance for uncollectible accounts	Accrual EM Real EM	Higher Lower
Sell investments or assets to recognize gain	Accrual EM Real EM	Higher Lower
Increase inventory write-downs	Accrual EM Real EM	Higher Lower
Increase useful life and salvage value for depreciation	Accrual EM Real EM	Higher Lower
Cut discretionary R&D expenditures	Accrual EM Real EM	Higher Lower
Postpone advertising expenditure	Accrual EM Real EM	Higher Lower

Answer 1

Action in Current Period	Classifiction	Impact on reported Earnings
Recognise reveneue now insteasd of next period(if justified in either period)	Real EM	Higher
Delay product release date	Real EM	Lower
Increase allowance for uncollectible accounts	Accrual EM	Higher
Sell Investments and assets to recognize gain	Real EM	Higher
Increase inventory write-downs	Real EM	Higher
Increase useful life and salvage life for depreciation	Accrual EM	Higher
Cut descretionary R&D expenses	Accrual EM	Lower
Postpone advertising expenses	Accrual EM	Lower