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Basic Question 4 of 6
The characteristics of an effective financial reporting framework include ______.
II. transparency
III. reliability
IV. comprehensiveness
V. consistency
I. relevance
II. transparency
III. reliability
IV. comprehensiveness
V. consistency
User Contributed Comments 3
| User | Comment |
|---|---|
| viannie | effective financial reporting framework: transparency comprehensiveness consistency got to be seen-thru', understand it all and keep happening all the time ;) => fair to all approach |
| leon121 | TRAINS COME CONSISTENTLY |
| ashish100 | wth is viannie saying? |
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 implications for financial analysis of alternative financial reporting systems and the importance of monitoring developments in financial reporting standards
CFA® 2025 Level I Curriculum, Volume 2, Module 1.