NO.PZ201812100100000704
问题如下:
Based on the Beneish model results for 2017 in Exhibit 1, which company has the highest probability of being an earnings manipulator?
选项:
A.BIG Industrial
B.Construction Supply
C.Dynamic Production
解释:
A is correct.
Higher M-scores indicate an increased probability of earnings manipulation. The company with the highest M-score in 2017 is BIG Industrial, with an M-score of –1.54. Construction Supply has the lowest M-score at –2.60, and Dynamic Production also has a lower M-score at –1.86. The M-score for BIG Industrial is above the relevant cutoff of –1.78.
解析:Beneish模型计算出的M-score越大,说明公司操纵earning的可能性越大。
不应该选择B吗?搞混了,请问-1.8 怎么判断