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Report: U.S. Foodservice Suppliers Cited Problem
WASHINGTON - Auditors at Deloitte & Touche became aware of potential accounting irregularities at U.S. Foodservice Inc. after at least two of the company's suppliers disputed rebate figures, the Washington Post reported on Wednesday, citing sources familiar with the situation. -
Analyst Questions Accounting of UK Safeway
LONDON - Questions are being raised by an analyst about the way British chain Safeway accounts for supplier rebates, according to a report in The New York Times. Safeway, which is the subject of a bidding war in the UK, said there was nothing unusual about its practices.