THE FOLLOWING INFORMATION IS AVAILABLE ABOUT A COMPANY (IN $ THOUS...

75. - MOCK AND SAMPLE EXAMS CFA LEVEL I MOCK EXAM MORNING VERSIONB QUESTIONS 2014 75. - MOCK AND SAMPLE EXAMS CFA LEVEL I MOCK EXAM MORNING VERSIONB QUESTIONS 2014
MOCK AND SAMPLE EXAMS CFA LEVEL I MOCK EXAM MORNING VERSIONB QUESTIONS 2014

75.

The following information is available about a company (in $ thousands). Year Reported Operating Accounts Ending EarningsCash FlowReceivablesInventory2011 1,500 1,200 500 1,3002012 1,800 1,300 1,400 1,6002013 2,500 1,400 3,500 2,200Which of the following would least likely be an accounting warning sign for this company? The relationship between reported earnings and: A. ending inventory. B. operating cash flow. C. accounts receivables.

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