Seeing is believing!
Before you order, simply sign up for a free user account and in seconds you'll be experiencing the best in CFA exam preparation.
Basic Question 6 of 6
Inventories often fall ______.
B. at the peak of a business cycle
C. early in a recovery
A. early in a recession
B. at the peak of a business cycle
C. early in a recovery
User Contributed Comments 0
You need to log in first to add your comment.
I am happy to say that I passed! Your study notes certainly helped prepare me for what was the most difficult exam I had ever taken.
Andrea Schildbach
Learning Outcome Statements
describe the business cycle and its phases
CFA® 2024 Level I Curriculum, Volume 1, Module 2.