Which of the following situations provides the most likely


Which of the following situations provides the most likely indication that fraud exists?

Exelon Corporation's earnings per share this quarter is 10% higher than last quarter.

Quantum Corporation's sales this year is 20% higher than last year's sales.

Papillon Product Inc.'s profits have increased each for the last 5 years, but its cash reserves have decreased steadily in the same time period.

Bobadilla Bookstores opened 10 new stores during the most recent quarter.

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Financial Accounting: Which of the following situations provides the most likely
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