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Basic Question 5 of 11
Indicators of low-quality revenue include:
II. Large decreases in accounts receivable.
III. Large increases in unearned revenue.
IV. Large decreases in unearned revenue.
I. Large increases in accounts receivable.
II. Large decreases in accounts receivable.
III. Large increases in unearned revenue.
IV. Large decreases in unearned revenue.
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Learning Outcome Statements
evaluate the earnings quality of a company;
CFA® 2025 Level II Curriculum, Volume 2, Module 14.