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Basic Question 2 of 6

The actions of standard setters and regulators are ______ to be helpful in identifying new products and transactions.

A. unlikely
B. likely

User Contributed Comments 2

User Comment
johntan1979 Yup... we saw what happened in 2008...
praj24 ^^^Good example!
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You have a wonderful website and definitely should take some credit for your members' outstanding grades.
Colin Sampaleanu

Colin Sampaleanu

Learning Outcome Statements

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

CFA® 2024 Level I Curriculum, Volume 2, Module 1.