1. The following are excerpts from ABC and Subsidiaries consolidated income statement, for year-end 31 December 2018. Coefficient from Value of Variable Calculations Beneish Model DSR 1.300 0.920 1.196 GMI 1.100 0.528 0.581 AQI 0.800 0.404 0.323 SGI 1.100 0.892 0.981 DEPI 1.100 0.115 0.127 SGAI 0.600 -0.172 -0.103 Accruals 0.150 4.670 0.701 LEVI 0.600 -0.327 -0.196 Intercept -4.840 M-score -1.231 Probability of 10.910 manipulation (%) Required: (a) Would the result of the Beneish model lead you, as an analyst using a -1.78 M- score as the cut-off, to flag ABC as a likely manipulator? (b) The values of DSR, GMI, SGI and DEPI are all greater than one. In the Beneish Model, what does this indicate for each variable