Please do 14-20. Thank you!

Which of the following is an indication that a company may be recognizing revenue prematurely? Relative to its competitors, the company's: A. asset turnover is decreasing. B. receivables turnover is increasing. C. days inventory on hand is decreasing. D. days sales outstanding is increasing. Accounting policies, methods, and estimates used in preparing financial statements are most likely found in the: A. auditor's report. B. management commentary. C. proxy statement. D. notes to the financial statements. A company wishing to increase earnings in the current period may choose to: A. Decrease the useful life of depreciable assets. B. Lower estimates of uncollectable accounts receivables. C. Classify a purchase as an expense rather than a capital expenditure. D. Repurchase shares. Which of the following statements most likely describes a situation that would motivate a manager to issue low quality financial reports? A. The manager's compensation is tied to stock price performance. B. The manager has increased the market share of products significantly. C. The manager has brought the company's profitability to a level higher than competitors. In a comprehensive financial analysis, financial statements should be: A. used as reported without adjustment. B. adjusted after completing ratio analysis. C. adjusted for differences in accounting standards, such as international financial reporting standards and US generally accepted accounting principles. When a database eliminates companies that cease to exist because of a merger or bankruptcy, this can result in: A. look-ahead bias. B. back-testing bias. C. survivorship bias. When comparing a US company that uses the last in, first out (LIFO) method of inventory with companies that prepare their financial statements under international financial reporting standards (IFRs), analysts should be aware that according to IFRS, the LIFO method of inventory. A. is never acceptable. B. is always acceptable. C. is acceptable when applied to finished goods inventory only