NO.PZ202304050100012701
问题如下：
(1) Which of Webster’s notes about BIG Industrial provides an accounting warning sign of a potential reporting problem?
选项：
A.Only Note 1
Only Note 2
Both Note 1 and Note 2
解释：
Only Note 2 provides a warning sign. The combination of increases in accounts payable with substantial decreases in accounts receivable and inventory are an accounting warning sign that management may be overstating cash flow from operations. Note 1 does not necessarily provide a warning sign. Operating income being greater than operating cash flow is a warning sign of a potential reporting problem. In this case, however, BIG Industrial’s operating income is lower than its operating cash flow.
1.2的结论里我们有讲到：DSO越小越好，Receivable turnover越大越好。那receivable turnover计算公式：AR在分母，所以AR越小越好啊。
但是这道题，AR降低了，说明AR越小，反而是一个Warning sign ？
所以这两题的结论矛盾啊。。。
