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Basic Question 3 of 3

Timber can be thought of as ______.

A. a factory
B. a warehouse
C. both a factory and a warehouse

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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

explain features of raw land, timber land, and farmland and their investment characteristics

CFA® 2024 Level I Curriculum, Volume 5, Module 5.