Generally speaking, which one of the following could be an example of inventory fraud from the top down?

Select one:

a. Management continues to use the same inventory valuation model as the previous period

b. An employee takes funds from the company, buys inventory, then resells it and pockets the profits

c. An accountant overstates the value of inventory by overstating the completion of work-in-process inventories

d. An employee takes inventories without paying for them