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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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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.