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Basic Question 19 of 22
Indicators of low-quality revenue include large ______.
II. decreases in accounts receivable
III. increases in unearned revenue
IV. decreases in unearned revenue
I. increases in accounts receivable
II. decreases in accounts receivable
III. increases in unearned revenue
IV. decreases in unearned revenue
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Learning Outcome Statements
describe presentation choices, including non-GAAP measures, that could be used to influence an analyst's opinion
describe accounting methods (choices and estimates) that could be used to manage earnings, cash flow, and balance sheet items
describe accounting warning signs and methods for detecting manipulation of information in financial reports
CFA® 2024 Level I Curriculum, Volume 3, Module 10.