Which of the following signals a potential fraud that may occur for the overstatement of inventory accounts?

a. Reserves for contingencies are reducing rapidly.
b. Inventory amounts are growing faster than sales.
c. Repairs and maintenance accounts have significant credit entries.
d. The purchase of manufacturing equipment is occurring at a rapid rate.

b

Business

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When a state law and a municipal legislation conflict with each other, the state law will prevail.

a. true b. false

Business

The growth strategy that allows the provision of a different class of service targeting a different market segment, at new or existing locations is referred to as:

A) multisegment. B) multiservice. C) multisite. D) multiattribute.

Business