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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 was very pleased with your notes and question bank. I especially like the mock exams because it helped to pull everything together.
Martin Rockenfeldt
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.