According to Statement on Auditing Standards No. 99, Considerations of Fraud in a Financial Statement Audit, which of the following most likely indicates a risk factor reflective of managements' attitudes that may allow them to rationalize accounting fraud? A New regulatory requirements. B The dependence of managements' compensation upon meeting aggressive stock price targets. C Managements' repeated attempts to justify inappropriate accounting on the basis of materiality. 上一题 下一题 正确答案C 您的答案C本题平均正确率：54% Financial Reporting Quality 难度：一般 推荐：      答案解析 Recurring attempts by management to justify marginal or inappropriate accounting on the basis of materiality may indicate a risk factor reflective of attitudes by management that allows it to engage in fraudulent financial reporting. A是机会，B是动机，C是合理化？可以这么理解吗？

An analyst is searching for for low P/E stocks because companies with low P/E ratios may be financially weak. What criteria might an analyst include to avoid unwittingly selecting weak companies? A Current-year sales growth lower than prior-year sales growth. B Net income less than zero. C D/A ratio below a certain cutoff. 上一题 下一题 正确答案C 您的答案C本题平均正确率：46% Financial Reporting Quality 难度：一般 推荐：      答案解析 A lower debt-to-total assets ratio indicates greater financial strength. Requiring that a company's debt-to-total assets ratio be below a certain cutoff point would allow the analyst to screen out highly leveraged and, therefore, potentially financially weak companies. Requiring declining sales growth (answer A) or negative income (answer B) would not be appropriate for screening out financially weak companies. 问题： financially weak companies 这个究竟指什么意思？什么叫财务状况弱？跟杠杆有关吗 ？

An audit opinion of a company's financial reports is most likely intended to: A detect fraud. B reveal misstatements. C assure that financial information is presented fairly. 上一题 下一题 正确答案C 您的答案A本题平均正确率：78% Financial Reporting Quality 难度：一般 推荐：      答案解析 请问： 鉴于这两句话： 1.A B选项不是审计师，那是分析师的任务吗？ 2.答案中“An audit is not typically intended to detect fraud. An audit is based on sampling and it is possible that the sample might not reveal misstatements.“ 这两句是在说A,B的描述有瑕疵 所以不选吗?

Which of the following is most likely to be considered a potential benefit of accounting conservatism? A reduction in litigation costs B Less biased financial reporting C An increase in current period reported performance 上一题 下一题 正确答案A 您的答案C本题平均正确率：28% Financial Reporting Quality 难度：一般 推荐：      答案解析 Conservatism reduces the possibility of litigation and by extension， litigation costs. Rarely, if ever, is a company sued because it understated good news or overstated bad news. Accounting conservatism is a type of bias in financial reporting that decreases a company's reported performance in the cur-rent period. Conservatism directly conflicts with the characteristic of neutrality. 请问：A减小诉讼费怎么解释呢

Cavalier Copper Mines has $840 million in total liabilities and $520 million in shareholders' equity. It discloses operating lease commitments over the next five years with a present value of $100 million. If the lease commitments are treated as debt, the debt-to-total-capital ratio is closest to: A 0.58. B 0.62. C 0.64. 查看解析 上一题 提交试卷 正确答案C 您的答案A本题平均正确率：69% Lease Accounting for Lessee难度：一般 推荐：      答案解析 The current debt-to-total-capital ratio is $840/ ($840+$520) = 0.62. To adjust for the lease commitments, an analyst should add $100 to both the numerator and denominator: $940/ ($940+$520) = 0.64. 问题：经营租赁不是记录费用吗？这里怎么用相当于记入了一笔liability？

Yao Tsang, CFA, has a large percentage of his net worth invested这意思就是说这个CFA已经把他大部分收入都投入这家公司了，那按照规定，这不是属于assign another analyst的两种典型情况之一吗？为什么这个例子要选A呢?

出口上升怎么理解demand 上升呢？

B选项，only if Stiles has a special confidentiality agreement with the client. 如果客户允许情况下是可以披露的，这里的special agreement不是这个意思吗？

视屏解析和题目不对应

discouraged worker和VOLUNTARILY UNEMPLOYE的区别是什么，，谢谢老师