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Basic Question 6 of 7
High earnings quality means ______.
B. reporting earnings in a conservative way so they appear low
C. neither of the above
A. reporting high earnings
B. reporting earnings in a conservative way so they appear low
C. neither of the above
User Contributed Comments 1
| User | Comment |
|---|---|
| Antoinepo | We want to have conservative ESTIMATIONS |
Your review questions and global ranking system were so helpful.
Lina
Learning Outcome Statements
compare financial reporting quality with the quality of reported results (including quality of earnings, cash flow, and balance sheet items)
CFA® 2025 Level I Curriculum, Volume 3, Module 10.