NO.PZ2023081403000107
问题如下:
Q. To properly assess a company’s past performance, an analyst requires:
选项:
A.high earnings quality.
B.high financial reporting quality.
C.both high earnings quality and high financial reporting quality.
解释:
B is correct. Financial reporting quality pertains to the quality of the information contained in financial reports. If financial reporting quality is low, the information provided is of little use in assessing the company’s performance. 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.
选项C为什么不对呢?