When accounts receivables growth exceeds sales growth,it indicates an aggressive revenue recognition policy or some other accounting irregularity.
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Q33: An increase in receivables growth exceeding sales
Q34: Firms may choose the fair value option
Q35: Many receivables recognition irregularities can be discovered
Q36: When sales growth exceeds receivables growth,this could
Q37: For long-term credit sales transactions utilizing notes
Q39: Companies occasionally adopt "aggressive" revenue recognition practices
Q40: Interest must be imputed whenever the stated
Q41: A securitization entity is a trust or
Q42: When a company sells its accounts receivable
Q43: Under current U.S.and IFRS guidance,most securitization entities
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