- CFA Exams
- CFA Level I Exam
- Topic 3. Financial Statement Analysis
- Learning Module 14. Evaluating Quality of Financial Reports
- Subject 6. Balance Sheet Quality
CFA Practice Question
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
Correct Answer: II, III and V
According to the authors, it is indicated by completeness, unbiased measurement, and clear presentation.
User Contributed Comments 0
You need to log in first to add your comment.