*Please answer BOTH questions!*

Skimming receivables requires than skimming sales a. Less risk of detection b. More opportunity c. More effort d. Less effort QUESTION 20 Which of the following would be considered a financial statement fraud scheme as opposed to a legitmate and allowable earnings thanagement technique? a. Use of an accelorated depreciation method to maximize the amount of depreciation expense in a given period b. Use of an inventory valuation method that results in the higest valuation for ending invetory c. not writing off a past due roceivable becuase the customer has indicated it will pay the balance after it emerges from banktupcy d. failing to writedown an item of inventory that has gone obsolete