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Basic Question 16 of 22
When examining revenue relationships, an analyst should check the turnover ratios of ______, as suggested in the reading.
II. inventory
III. receivables
I. assets
II. inventory
III. receivables
User Contributed Comments 2
| User | Comment |
|---|---|
| leo_rhan | Is inventory not an asset item? |
| dada | leo_rhan: In the textbook "Look at revenue relationships.", it specifies to calculate receivables turnover and asset turnover. The asset refers to long-term asset/investment, not inventory. |
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Learning Outcome Statements
describe presentation choices, including non-GAAP measures, that could be used to influence an analyst's opinion
describe accounting methods (choices and estimates) that could be used to manage earnings, cash flow, and balance sheet items
describe accounting warning signs and methods for detecting manipulation of information in financial reports
CFA® 2024 Level I Curriculum, Volume 3, Module 10.