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CFA考试资料答案R17 Evaluating Quality of Financial Reports - Answers.pdf

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Question #1 of 63 Question ID: 1209156 Brent Jones, CFA is analyzing the nancial statements of Imperial Resorts Inc. Jones wants to use the Beneish model to evaluate the probability of earnings manipulation. CFA/FRM studying materials,WeChat:musiq1237 Jones makes the following statements: 1. Depreciation index of less than 1 would indicate that the company is depreciating assets at a higher rate than its peers. 7 3 2 1 2. Increases in Asset quality index indicate that the revenue recognition policies are conservative. q i Regarding the statements by Jones: s u m A) None of the statements is correct. : t

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