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cooperyooo · 2024年04月25日

这题怎么翻译

NO.PZ2024011002000142

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:

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.

读写感觉每个选项都对啊

1 个答案
已采纳答案

Kiko_品职助教 · 2024年04月27日

嗨,努力学习的PZer你好:


题目问:低质量的财务报告提供的信息很可能会:

选项:A.降低公司价值。B.表示公司的收益不可持续。C.阻碍对公司收益质量的评估。

earning quality和financial reporting quality是两个评估维度,financial reporting quality简单说就是看财报是不是遵循了会计准则,财报上的数字是否可靠,earning质量是看公司的earning是否充足,是否具有可持续性。

分析师首先要看的是financial reporting quality,如果reporting quality低,那么就没有继续看earning quality的必要了,而且也没法看,因为财报数字已经不具有可靠性,看earning的数据也没有意义。所以C选项是正确的。

这道题的AB选项说的是earning quality,earning quality才会说明公司NI不可持续从而使投资者认为公司的价值变低,也就是AB两点


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就算太阳没有迎着我们而来,我们正在朝着它而去,加油!

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