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Basic Question 6 of 7
High earnings quality means ______.
B. reporting earnings in a conservative way so they appear low
C. neither of the above
A. reporting high earnings
B. reporting earnings in a conservative way so they appear low
C. neither of the above
User Contributed Comments 1
| User | Comment |
|---|---|
| Antoinepo | We want to have conservative ESTIMATIONS |
I was very pleased with your notes and question bank. I especially like the mock exams because it helped to pull everything together.
Martin Rockenfeldt
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.