3. Analyst 1: Lower M-scores indicate an increased probability of earnings manipulation.
Analyst 2: A GMI value greater than 1 indicates deteriorating gross margins.
A. Analyst 1 is correct.
B. Analyst 2 is correct.
C. Both analysts are correct.
LO.e: Describe the concept of sustainable (persistent) earnings.
Bạn đang xem 3. - CFA 2018 LEVEL 2 FRA QUESTION BANK EVALUATING QUALITY OF FINANCIAL REPORTS QBANK