Shamal Plastics Industries Sohar, is one of the leading plastic sheets manufacturing companies in Sultanate of Oman. While preparing the financial statement for the year 2020, some of the earnings reported in the year 2021 has been shifted to 2020. This denotes that Shamal Plastics Industries management might have followed O a. The political cost hypothesis Ob. The debt covenant hypothesis or political cost hypothesis. Oc The bonus plan hypothesis or political cost hypothesis. Od The bonus plan hypothesis or debt covenant hypothesis.

Intermediate Financial Management (MindTap Course List)
13th Edition
ISBN:9781337395083
Author:Eugene F. Brigham, Phillip R. Daves
Publisher:Eugene F. Brigham, Phillip R. Daves
Chapter7: Analysis Of Financial Statements
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Shamal Plastics Industries Sohar, is one of the leading plastic sheets manufacturing companies in Sultanate of Oman. While preparing the financial
statement for the year 2020, some of the earnings reported in the year 2021 has been shifted to 2020. This denotes that Shamal Plastics Industries
management might have followed
O a. The political cost hypothesis
Ob. The debt covenant hypothesis or political cost hypothesis.
Oc The bonus plan hypothesis or political cost hypothesis.
Od The bonus plan hypothesis or debt covenant hypothesis.
Transcribed Image Text:Shamal Plastics Industries Sohar, is one of the leading plastic sheets manufacturing companies in Sultanate of Oman. While preparing the financial statement for the year 2020, some of the earnings reported in the year 2021 has been shifted to 2020. This denotes that Shamal Plastics Industries management might have followed O a. The political cost hypothesis Ob. The debt covenant hypothesis or political cost hypothesis. Oc The bonus plan hypothesis or political cost hypothesis. Od The bonus plan hypothesis or debt covenant hypothesis.
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