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Basic Question 2 of 7
A low-quality financial report indicates ______.
B. unsustainable earnings
C. information that does not faithfully represent company activities
A. unsustainable cash flows
B. unsustainable earnings
C. information that does not faithfully represent company activities
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I was very pleased with your notes and question bank. I especially like the mock exams because it helped to pull everything together.
Martin Rockenfeldt
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.