Paragraph Styles 1 1 a. Which of the following are symptoms of understatement of liabilities (liability fraud)? (5 marks) Potential symptom Purchases discounts appear too high YIN? Too little cash paid relative to recorded purchases Unusual entries made at the end of the accounting period that reduceexpenses Decreases in Accounts Payable seem too high Warranty allowance appears too high Increase in purchases returns New, unusual vendors appear not to have gone through the approval process