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Basic Question 6 of 7
Management most likely prefers ______ accounting choices.
B. unbiased
C. aggressive
A. conservative
B. unbiased
C. aggressive
User Contributed Comments 2
| User | Comment |
|---|---|
| mbowa | Would surely think, mgmt should prefer unbiased choices!!!! |
| ascruggs92 | I thought the same thing. Unfortunately, this isn't the ethics section. |
I am happy to say that I passed! Your study notes certainly helped prepare me for what was the most difficult exam I had ever taken.
Andrea Schildbach
Learning Outcome Statements
describe a spectrum for assessing financial reporting quality
explain the difference between conservative and aggressive accounting
CFA® 2025 Level I Curriculum, Volume 3, Module 10.