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.
A
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Indicate whether the statement is true or false
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