Which of the following trends found on financial reports would most likely indicate a possible problem?
Which of the following trends found on financial reports would most likely indicate a possible problem?
A . A material decrease in the receivables turnover.
B . A material increase in inventory turnover.
C . A material increase in daily sales compared to total outstanding receivables.
D . A material increase in the acid-test ratio.
Answer: A
Latest IIA-CIA-Part2 Dumps Valid Version with 601 Q&As
Latest And Valid Q&A | Instant Download | Once Fail, Full Refund
Subscribe
Login
0 Comments
Inline Feedbacks
View all comments