Which of the following is not considered "earnings management? " multiple choice "earnings management" is done to project smoother earnings from year to year management emphasizes achieving long-term results to meet financial goals management uses "cookie-jar reserves each year" executives manipulate the earnings in order to match their predetermined target

Assume you plan to start a new enterprise; you know the probability of having losses for the first three years of operations is almost 90 percent, and you know you will report a substantial amount of income from other sources during those same three years. from a tax perspective, which of the following entity choices would not allow you to offset the entity losses against your income from other sources? c corporation s corporation llc general partnership