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Basic Question 2 of 7

A low-quality financial report indicates ______.

A. unsustainable cash flows
B. unsustainable earnings
C. information that does not faithfully represent company activities

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Thanks again for your wonderful site ... it definitely made the difference.
Craig Baugh

Craig Baugh

Learning Outcome Statements

compare financial reporting quality with the quality of reported results (including quality of earnings, cash flow, and balance sheet items)

CFA® 2024 Level I Curriculum, Volume 3, Module 10.