- CFA Exams
- CFA Level I Exam
- Topic 4. Financial Statement Analysis
- Learning Module 10. Financial Reporting Quality
- Subject 1. Reporting Quality and Results Quality
CFA Practice Question
A low-quality financial report indicates ______.
B. unsustainable earnings
C. information that does not faithfully represent company activities
A. unsustainable cash flows
B. unsustainable earnings
C. information that does not faithfully represent company activities
Correct Answer: C
It means that the quality of the information contained in the financial reports is low.
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