CFA Practice Question

There are 90 practice questions for this study session.

CFA Practice Question

If a company is the only one in the industry to capitalize certain costs, while others treat them as expenses, the company is expected to ______, other things being equal.

A. be more profitable
B. be more liquid
C. have a higher revenue
Correct Answer: A

While it may appear more profitable, the company might have lower confidence in the quality of the reported numbers.

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