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Basic Question 6 of 7
How does the financial system facilitate raising equity capital?
II. Many analysts cover the stocks companies have issued.
III. Accounting standards are established to ensure the production of meaningful financial statements.
I. Investment banks help companies issue equities.
II. Many analysts cover the stocks companies have issued.
III. Accounting standards are established to ensure the production of meaningful financial statements.
User Contributed Comments 2
| User | Comment |
|---|---|
| ibrahim18 | Confusing options. |
| agogoi | Option III seems indirect and far-fetched for the reasoning |
I passed! I did not get a chance to tell you before the exam - but your site was excellent. I will definitely take it next year for Level II.
Tamara Schultz
Learning Outcome Statements
explain the main functions of the financial system
CFA® 2024 Level I Curriculum, Volume 3, Module 1.