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Basic Question 2 of 4
To evaluate the quality of financial reports an analyst should examine the statement of cash flows. The focus should be MOST LIKELY on:
B. financing cash flows.
C. investment cash flows.
A. operating cash flows.
B. financing cash flows.
C. investment cash flows.
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I passed! I did not get a chance to tell you before the exam - but your site was excellent. I will definitely take it next year for Level II.
Tamara Schultz
Learning Outcome Statements
describe how to evaluate the quality of a company's financial reports;
evaluate the quality of a company's financial reports;
CFA® 2025 Level II Curriculum, Volume 2, Module 14.