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Basic Question 1 of 4
Beneish model can be used to check if:
B. A company's operating cash flow is sustainable.
C. A company's not going to meet its debt obligations.
A. A company is likely to be a manipulator of its earnings.
B. A company's operating cash flow is sustainable.
C. A company's not going to meet its debt obligations.
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I am using your study notes and I know of at least 5 other friends of mine who used it and passed the exam last Dec. Keep up your great work!
Barnes
Learning Outcome Statements
describe how to evaluate the quality of a company's financial reports;
evaluate the quality of a company's financial reports;
CFA® 2024 Level II Curriculum, Volume 2, Module 15.