- 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
Which one impedes assessment of earnings quality?
B. Low financial reporting quality
C. Low earnings quality
A. High financial reporting quality
B. Low financial reporting quality
C. Low earnings quality
Correct Answer: B
Low financial reporting quality impedes assessment of earnings quality and impedes valuation.
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