Earnings That Are High Quality Would

question 17

Multiple Choice

Earnings that are high quality would:

• A) be informative about current performance and provide information about the long-run sustainability of profits.
• B) be informative about past performance and provide information about the long-run sustainability of profits.
• C) be informative about current performance and provide information about the long-run sustainability of assets.
• D) be informative about past performance and provide information about the long-run sustainability of assets and liabilities.