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Basic Question 3 of 4
An equity analyst is trying to value a publicly-traded company using its disclosed accounting figures. He should carefully analyze quantitative information available but not distort the accounting figures by taking his own subjective views. True or False?
User Contributed Comments 1
| User | Comment |
|---|---|
| vi2009 | footnotes and disclosure reveals more than what's in the financial statements. he then could play detective and distort financial statements with adjustment according to his findings |
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Learning Outcome Statements
describe questions that should be addressed in conducting an industry and competitive analysis;
CFA® 2025 Level II Curriculum, Volume 3, Module 20.