CFA Practice Question

There are 90 practice questions for this study session.

CFA Practice Question

Which of the following factors are related to rationalizations?

I. Significant estimates and subjective judgment in accounting for assets, liabilities, revenues, and expenses
II. Management's excessive interest in maintaining or increasing a firm's stock price
III. Management failing to correct known reportable conditions on a timely basis
IV. Employing inappropriate means to minimize earnings for tax purposes
V. Failure to effectively communicate a firm's ethical standards
Correct Answer: II, III, IV and V

I is related to opportunities.

User Contributed Comments 3

User Comment
shoemets yay, thanks question 5!
abs013 deja vu. It's question 5
walterli FFS
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