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Basic Question 2 of 5

A low-quality financial report means:

A. non-sustainable cash flows.
B. non-sustainable earnings.
C. information that does not faithfully represent company activities.

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Edward Liu

Edward Liu

Learning Outcome Statements

demonstrate the use of a conceptual framework for assessing the quality of a company's financial reports;

explain potential problems that affect the quality of financial reports;

CFA® 2025 Level II Curriculum, Volume 2, Module 14.