AR下降的话是不是还会有操纵CF的可能？

问题如下：

Ioana Matei directs research analyst Teresa Pereira to investigate the earnings quality of Miland Communications and Globales, Inc. Pereira observes that Miland has experienced increasing inventory turnover, increasing receivables turnover, and net income greater than cash flow from operations.

Which of Pereira’s statements about Miland Communications is most likely a warning sign of potential earnings manipulation?

选项：

A.

The trend in inventory turnover

B.

The trend in receivables turnover

C.

The amount of net income relative to cash flow from operations

解释：

Net income being greater than cash flow from operations is a warning sign that the firm may be using aggressive accrual accounting policies that shift current expenses to future periods. Decreasing, not increasing, inventory turnover could suggest inventory obsolescence problems that should be recognized. Decreasing, not increasing, receivables turnover could suggest that some revenues are fictitious or recorded prematurely or that the allowance for doubtful accounts is insufficient.