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Basic Question 0 of 5
The ideal situation is ______ financial reporting.
B. unbiased
C. aggressive
A. conservative
B. unbiased
C. aggressive
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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
describe a spectrum for assessing financial reporting quality
explain the difference between conservative and aggressive accounting
CFA® 2025 Level I Curriculum, Volume 3, Module 10.