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Basic Question 1 of 6
A company's COGS as a percentage of revenue is increasing over time. This might indicate:
B. An improvement in operational efficiency.
C. A decline in profitability and potential cost management issues.
D. Higher revenue growth.
A. An increase in net profit due to cost savings.
B. An improvement in operational efficiency.
C. A decline in profitability and potential cost management issues.
D. Higher revenue growth.
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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
Learning Outcome Statements
explain approaches to forecasting a company's operating expenses and working capital
CFA® 2025 Level I Curriculum, Volume 3, Module 7.