NO.PZ2016012101000221
问题如下：
Which of the following is an indication that a company may be recognizing revenue prematurely? Relative to its competitors, the company’s:
选项：
A.asset turnover is decreasing.
B.receivables turnover is increasing.
C.days sales outstanding is increasing.
解释：
C is correct.
If a company’s days sales outstanding (DSO) is increasing relative to competitors, this may be a signal that revenues are being recorded prematurely or are even fictitious. There are numerous analytical procedures that can be performed to provide evidence of manipulation of information in financial reporting. These warning signs are often linked to bias associated with revenue recognition and expense recognition Policies.
解析：题干问哪个指标代表公司可能提前确认了收入。
A选项asset turnover=revenue/asset，revenue和asset都有增加，无法判断。
B选项提前确认收入会导致应收的增加，ARturnover=revenue/AR，正常来讲，收入肯定是大于应收账款的，所以应该账款的增加幅度更大，turnover是 降低的
C选项DSO=365/AR turnover，turnover下降，DSO上升。
参考解释：A选项asset turnover=revenue/asset，revenue和asset都有增加，无法判断。
A选项我理解的是asset turnover增加，而不是无法判断。关于参考解析中asset增加有疑惑，提前确认收入的话，是不是假设inventory不变？想请问一下实操中，如果真实存货尚未发出，财务造假的时候不是应该记inventory减少，造成存货已发出的假象，那么整体而言造假科目如下：
1.inventory下降；
2.A/R上升，但是结算模式应该是部分cash、部分A/R，所以理论上A/R增加 综上，提前确认造假应导致asset减少 asset turnover（revenue↑/asset↓）↑
