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Basic Question 4 of 4
Which step produces these outputs: adjusted financial statements, common-size statements, ratios and graphs?
B. Process data
C. Analyze/interpret the processed data
A. Collect data
B. Process data
C. Analyze/interpret the processed data
User Contributed Comments 11
| User | Comment |
|---|---|
| MRSLETS | yep |
| Gleeder | yes sir |
| JakeZ | yes!!!! |
| sagrr | yea |
| GouldenOne | hummminnaa yeaahaahh |
| Shaan23 | nooo.... |
| ldfrench | Hummmmina hummmmina humminnnaaaaa |
| ankurwa10 | I do sound like the dumbest guy but should't the answer be 1. i.e. I collect these data. I don't prepare them. unless you stress on the word "output" in the question, which is to say that it my output on the basis of data collected? |
| leon121 | ankurwa10...collecting data is equivalent to just taking face value the data...collecting = RAW...when you process data = editing the data and turning it to something meaningful. |
| jam2del | Gonna have to review some more ^___^ |
| GodofDeath | Aye |
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Andrea Schildbach
Learning Outcome Statements
describe the steps in the financial statement analysis framework
CFA® 2024 Level I Curriculum, Volume 2, Module 1.