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Basic Question 1 of 5
High financial reporting quality is defined as fair representation of a company's:
II. Cash flows.
III. Assets, liabilities and owners' equities.
I. Earnings.
II. Cash flows.
III. Assets, liabilities and owners' equities.
User Contributed Comments 1
| User | Comment |
|---|---|
| dshaminda | oops.. tricky. thought its I only |
I am using your study notes and I know of at least 5 other friends of mine who used it and passed the exam last Dec. Keep up your great work!
Barnes
Learning Outcome Statements
demonstrate the use of a conceptual framework for assessing the quality of a company's financial reports;
explain potential problems that affect the quality of financial reports;
CFA® 2025 Level II Curriculum, Volume 2, Module 14.