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Management 126: Financial Statement Analysis Sample Midterm Exam SPRING 2026
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---4juni 20262025/2026A
- 1) Check all the permissible ways a CFO can shift income from one period to another: 
● Ship products to consistent / reliable customers in anticipation of easily predicted future order 
● Adjust estimate of estimate of Sales Returns company expects to get from customers. 
● Write off Accounts Receivable when customer files for bankruptcy 
● Inflate cost estimates for a board-approved restructuring plan. 
● Extend estimated useful life of equipment subject to straight line depreciation...
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