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Basic Question 1 of 7

High financial reporting quality is defined as fair representation of a company's ______.

I. earnings
II. cash flows
III. assets, liabilities, and owners' equities

User Contributed Comments 1

User Comment
dshaminda oops.. tricky. thought its I only
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You have a wonderful website and definitely should take some credit for your members' outstanding grades.
Colin Sampaleanu

Colin Sampaleanu

Learning Outcome Statements

compare financial reporting quality with the quality of reported results (including quality of earnings, cash flow, and balance sheet items)

CFA® 2024 Level I Curriculum, Volume 3, Module 10.