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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 |
I am using your study notes and I know of at least 5 other friends of mine who used it and passed the exam last Dec. Keep up your great work!
Barnes
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.