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Basic Question 6 of 7

Management most likely prefers ______ accounting choices.

A. conservative
B. unbiased
C. aggressive

User Contributed Comments 2

User Comment
mbowa Would surely think, mgmt should prefer unbiased choices!!!!
ascruggs92 I thought the same thing. Unfortunately, this isn't the ethics section.
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I am using your study notes and I know of at least 5 other friends of mine who used it and passed the exam last Dec. Keep up your great work!
Barnes

Barnes

Learning Outcome Statements

describe a spectrum for assessing financial reporting quality

explain the difference between conservative and aggressive accounting

CFA® 2025 Level I Curriculum, Volume 3, Module 10.