In your review of abc company's financials, you note that receivables have increased approximately 200% from the previous year, while cash has declined. further investigation reveals that 70% of abc's receivables were booked within 7 days of the end of the quarter. if financial statement fraud is involved, which type is most likely?
a. fictitious revenues
b. timing differences
c. improper asset valuations
d. improper disclosures

i believe the answer is: streets and roads

public property refers to the property that can be used by all legal citizens in a certain country. the public property was created and maintain using the government budget that allocated specifically for it. the budget itself come from the citizen's income tax payment.

income statement is prepared in order to show the profits and loss of a business. in order to prepare the income statement she should collect all the income and expenses of the product with the cost of production.

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