Question 1. Which of the following would least likely be considered as signaling a potential problem regarding the "quality of earnings" for a firm?

a. the firm has experienced a significant increase in earnings relative to the industry overall

b. the firm's accounts receivable account is increasing at a rate faster than the firm's increase in sales.

c. the firm has announced a delay in their release of financial statements due to a change in auditors

d. the firm's accounts receivable account is increasing, but at a rate slower than the firm's increase in sales.

e. all of the above would be considered signals of potential problems regarding he firms' quality of earnings