Quality of earnings is only affected by accounting methods and accounting estimates.
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Q30: Vertical analysis is the same as common-size
Q31: Earnings caused by one-time items are typically
Q32: The annual report of a publicly held
Q33: Both write-downs and restructurings reduce current operating
Q34: One-time decreases in earnings always indicate that
Q36: Vertical analysis will result in common-size statements.
Q37: If two companies have identical net sales
Q38: Full disclosure in financial statements reduces problems
Q39: Different accounting methods will often have different
Q40: Accounting estimates rarely affect the reported income
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