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Basic Question 2 of 4
The default forecast approach for any object is:
B. Historical base rates and convergence
C. Management guidance
D. Analyst's discretionary forecast
A. Historical results
B. Historical base rates and convergence
C. Management guidance
D. Analyst's discretionary forecast
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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
Learning Outcome Statements
explain principles and approaches to forecasting a company's financial results and position
CFA® 2024 Level I Curriculum, Volume 3, Module 7.