CFA Practice Question

There are 90 practice questions for this study session.

CFA Practice Question

High earnings quality means ______.

A. reporting high earnings
B. reporting earnings in a conservative way so they appear low
C. neither of the above
Correct Answer: C

Reporting high or low earnings does not help forecast future company performance.

User Contributed Comments 1

User Comment
Antoinepo We want to have conservative ESTIMATIONS
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