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Basic Question 2 of 6

The actions of standard setters and regulators are ______ to be helpful in identifying new products and transactions.

A. unlikely
B. likely

User Contributed Comments 2

User Comment
johntan1979 Yup... we saw what happened in 2008...
praj24 ^^^Good example!
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I just wanted to share the good news that I passed CFA Level I!!! Thank you for your help - I think the online question bank helped cut the clutter and made a positive difference.
Edward Liu

Edward Liu

Learning Outcome Statements

describe implications for financial analysis of alternative financial reporting systems and the importance of monitoring developments in financial reporting standards

CFA® 2025 Level I Curriculum, Volume 2, Module 1.