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Basic Question 2 of 7
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
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I used your notes and passed ... highly recommended!
Lauren
Learning Outcome Statements
compare financial reporting quality with the quality of reported results (including quality of earnings, cash flow, and balance sheet items)
CFA® 2025 Level I Curriculum, Volume 3, Module 10.