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Basic Question 0 of 2
The default forecast approach for any object is:
B. Historical base rates and convergence
C. Management guidance
D. Analyst's discretionary forecast
A. Historical results
B. Historical base rates and convergence
C. Management guidance
D. Analyst's discretionary forecast
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I am using your study notes and I know of at least 5 other friends of mine who used it and passed the exam last Dec. Keep up your great work!

Barnes
Learning Outcome Statements
explain principles and approaches to forecasting a company's financial results and position
CFA® 2025 Level I Curriculum, Volume 3, Module 7.