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.

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Definitions:

Disjunctive Premise

A type of logical statement that presents two or more options in such a way that if one is true, the others must be false.

Negative Proposition

A statement or assertion that denies something, especially a predicate of a subject.

Disjunctive Syllogism

A form of logical argument where, from two alternatives, the denial of one implies the affirmation of the other.

Disjunctive Proposition

A logical statement that presents two or more alternatives, where the truth of any one of the alternatives makes the proposition true.