Components of Earnings Quality Include

question 84

Multiple Choice

Components of earnings quality include:

• A)proper revenue and expense recognition.
• B)low operating expenses compared to sales.
• C)high and improving gross margin.
• D)all of the above.

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Definitions:

Visionary Leadership

A leadership style characterized by the ability to create and articulate a realistic, credible, attractive vision of the future for an organization or company that grows out of and improves upon the present.

Long-Term Plans

Plans that typically look three or more years into the future.

Personal Power

The influence or authority an individual has over others, derived from skills, knowledge, or personal attributes, rather than formal positions.

Reward Power

The power to influence others through the offering of rewards, benefits, or incentives for certain behaviors or achievements.