Which of the following statements about earnings management is NOT true

	1.	An unusual increase in net operating assets is a red flag that the company might be managing its operating accruals in order to increase earnings
	2.	An unusual decrease in the provision for employee benefits is a red flag that the company might be overstating its operating assets to increase earnings
	3.	An unusual increase in inventories is a red flag that the company might be overstating its operating assets to increase earnings
	4.	If accruals are overstated as a result of earnings management this year, they will be understated in some future period or periods