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Basic Question 0 of 2

High financial reporting quality is defined as fair representation of a company's:

I. Earnings.
II. Cash flows.
III. Assets, liabilities and owners' equities.
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User Contributed Comments 1

User Comment
dshaminda oops.. tricky. thought its I only
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Thanks again for your wonderful site ... it definitely made the difference.
Craig Baugh

Craig Baugh

Learning Outcome Statements

compare and contrast presentation in (reporting) currency, functional currency, and local currency;

CFA® 2025 Level II Curriculum, Volume 2, Module 12.