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Which Signal may NOT be a fictitious reporting schemes of reducing Cost of Goods Sold? a. Decrease in inventory as a percentage of cost of

  1. Which Signal may NOT be a fictitious reporting schemes of reducing Cost of Goods Sold?

    a.

    Decrease in inventory as a percentage of cost of goods sold

    b.

    Cash flow from operations dropping below operating income

    c.

    Unexpected and unusually large increases in gross margin as percentage of sales

    d.

    Reduction in inventory reserve as percentage of inventory

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