Why should I choose AnalystNotes?

Simply put: AnalystNotes offers the best value and the best product available to help you pass your exams.

Basic Question 1 of 6

Which of the following types of discussions regarding the impact of recently issued accounting changes in management's discussion would provide the least meaningful information to an analyst?

A. The standard does not apply.
B. The standard will have no material impact.
C. Management is still evaluating the impact.
D. The impact of adoption is discussed.

User Contributed Comments 2

User Comment
bantoo why not (D)
Creep Because D suggests management has already discussed the impact with shareholders/analysts.

C suggests that management is uncertain about the effects thus it is the least useful for analysts.
You need to log in first to add your comment.
I just wanted to share the good news that I passed CFA Level I!!! Thank you for your help - I think the online question bank helped cut the clutter and made a positive difference.
Edward Liu

Edward Liu

Learning Outcome Statements

describe implications for financial analysis of alternative financial reporting systems and the importance of monitoring developments in financial reporting standards

CFA® 2025 Level I Curriculum, Volume 2, Module 1.