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Basic Question 5 of 11

Compared to commercial systems, most current governmental industry classification systems have such weaknesses as ______

I. not disclosing information about a specific company.
II. not being updated frequently enough.
III. generally not distinguishing between small and large companies.

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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

Tamara Schultz

Learning Outcome Statements

describe industry classification methods and compare methods by which companies can be grouped

CFA® 2024 Level I Curriculum, Volume 3, Module 6.