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If a firm's financial reports are of low quality, can users of the reports assess the quality of the firm's earnings? Question 1 2 options:

If a firm's financial reports are of low quality, can users of the reports assess the quality of the firm's earnings?
Question 12 options:
Yes, because if financial reports are of low quality, earnings are also of low quality.
Yes, because users can assess earnings quality independently of financial reporting quality.
No, because low-quality financial reports are not useful for assessing the quality of earnings.

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