关于选项a

问题如下：

The information provided by a low-quality financial report will most likely:

选项：

A.

decrease company value.

B.

indicate earnings are not sustainable.

C.

impede the assessment of earnings quality.

解释：

C is correct.

Financial reporting quality pertains to the quality of the information contained in financial reports. High-quality financial reports provide decision-useful information that faithfully represents the economic reality of the company. Low-quality financial reports impede assessment of earnings quality. Financial reporting quality is distinguishable from earnings quality, which pertains to the earnings and cash generated by the company’s actual economic activities and the resulting financial condition. Low quality earnings are not sustainable and decrease company value.

解析：财务报告质量与财务报告中所含信息的质量有关。高质量的财务报告提供决策有用的信息，也能充分代表公司的经济状况。低质量的财务会妨碍earning quality的评判。要区分earning quality和financial reporting quality。企业financial reporting质量高，才能进一步分析其earning quality，如果财报质量不高，就没有进一步分析earning quality的必要了。