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16 A sudden rise in inventory balances is likely to warning sign of: A. Understated expenses B. Accelerated revenue recognition C. ineffient working capital management

16 A sudden rise in inventory balances is likely to warning sign of:
A. Understated expenses
B. Accelerated revenue recognition
C. ineffient working capital management
17 A warning sign that a company may deferring expenses is sales revenue growing at a shower rate that:
A. Unearned revenue
B. noncurrent liabilities
C. property, plant and equipment
18 An asset write- downis least likely to indicate understastement of expenses in:
A. Prior years
B. Future years
C. The current year

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