NO.PZ2024030503000072
问题如下：
Question Under the indirect method of presenting operating cash flows, which action to alter the cash flow from operations will be most difficult to detect?选项：
A.Defer payment of a current liability B.Transact with an unconsolidated special purpose entity C.Change inventory costing from FIFO to weighted average解释：
Solution-
Incorrect because an examination of cash provided by operating activities will reveal that the increase in cash due to the deferred payment is offset by a comparable increase in accounts payable.
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Correct. Unconsolidated special purpose entities are outside of the view of investors. Transacting with such an entity may initially produce the appearance of a positive or negative cash flow for the controlling company. Ultimately, this transaction will most likely be reversed along with the appearance of the initial cash flow.
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Incorrect because changes in inventory accounting may affect gross profit and therefore net income, but with an opposite effect on the ending inventory value. Together these effects would likely have an offsetting impact on the appearance of cash generated by operating activities. One possible exception might be the effect on derived expenses such as the provision for income tax.
• describe accounting methods (choices and estimates) that could be used to manage earnings, cash flow, and balance sheet items
间接法，就是从NI开始调，中间一步就是调 -ΔCA+ΔCL，a选项晚付payable, payable的账户就明显大，比往期payable不寻常的大这个容易被发现。
b选项和SPE交易，这个老师网课里不说是 为了卖receivables吗，将应收账款证券化？ 卖应收账款得到CFO，那应收账款减少了，看不出来是正常收到款，还是证券化了？当然课上没细讲，我也不太懂具体的。
C选项存货从AVCO变成FIFO，那期末存货的价值也会变吧？那Δinventory是会变的吧？这个容不容易被发现是怎么判断？
