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Basic Question 7 of 7
Select the correct statement(s).
II. Conservative accounting decisions by management can be interpreted as proof of high earnings quality.
I. More earnings management results in lower earnings quality.
II. Conservative accounting decisions by management can be interpreted as proof of high earnings quality.
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I used your notes and passed ... highly recommended!
Lauren
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.