Why should I choose AnalystNotes?

Simply put: AnalystNotes offers the best value and the best product available to help you pass your exams.

Find out more

Basic Question 4 of 6

The characteristics of an effective financial reporting framework include ______.

I. relevance
II. transparency
III. reliability
IV. comprehensiveness
V. consistency
Check Answer Previous Q Next Q Print

User Contributed Comments 3

User Comment
viannie effective financial reporting framework:
transparency
comprehensiveness
consistency

got to be seen-thru', understand it all and keep happening all the time ;) => fair to all approach
leon121 TRAINS
COME
CONSISTENTLY
ashish100 wth is viannie saying?
You need to log in first to add your comment.
I am using your study notes and I know of at least 5 other friends of mine who used it and passed the exam last Dec. Keep up your great work!
Barnes

Barnes

Learning Outcome Statements

describe implications for financial analysis of alternative financial reporting systems and the importance of monitoring developments in financial reporting standards

CFA® 2024 Level I Curriculum, Volume 2, Module 1.