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Basic Question 1 of 7
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 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
compare financial reporting quality with the quality of reported results (including quality of earnings, cash flow, and balance sheet items)
CFA® 2024 Level I Curriculum, Volume 3, Module 10.