Multiple Choice
Which of the following is INCORRECT regarding "quality of earnings"?
A) Quality of earnings refers to how solid the earnings numbers are.
B) Analysts use quality of earnings to assess how well the reported income reflects the underlying business and future potential.
C) If earnings quality is high, numbers are accepted as is.
D) If earnings quality is low, numbers are accepted as is.
Correct Answer:
Verified
Correct Answer:
Verified
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