According to the Accounting research, managers cannot manipulate all the earnings and Schipper (1989) offered ways to detect any managed earnings. Explain the above statement and give an example from Schipper's commentary paper.

Financial Reporting, Financial Statement Analysis and Valuation
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Chapter8: Investing Activities
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According to the Accounting research, managers cannot manipulate all the earnings and Schipper (1989) offered ways to detect any managed earnings. Explain the above statement and give an example from Schipper's commentary paper.

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