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Basic Question 2 of 2
For the balance sheet, high financial reporting quality is indicated by
II. Completeness
III. Unbiased measurement
IV. Materiality and Aggregation
V. Clear presentation
I. Consistency
II. Completeness
III. Unbiased measurement
IV. Materiality and Aggregation
V. Clear presentation
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I am happy to say that I passed! Your study notes certainly helped prepare me for what was the most difficult exam I had ever taken.

Andrea Schildbach
Learning Outcome Statements
describe indicators of balance sheet quality;
evaluate the balance sheet quality of a company;
CFA® 2025 Level II Curriculum, Volume 2, Module 14.