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Basic Question 3 of 11

A provider of rail transportation services should be categorized in the ______ sector.

A. consumer discretionary
B. industrial/producer durables
C. utilities

User Contributed Comments 2

User Comment
johntan1979 From Investopedia:

Consumer Discretionary - A sector of the economy that consists of businesses that sell nonessential goods and services. Companies in this sector include retailers, media companies, consumer services companies, consumer durables and apparel companies, and automobiles and components companies.
pdxcfa1 EOC question has autos classified under Consumer Discretionary.
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I was very pleased with your notes and question bank. I especially like the mock exams because it helped to pull everything together.
Martin Rockenfeldt

Martin Rockenfeldt

Learning Outcome Statements

describe industry classification methods and compare methods by which companies can be grouped

CFA® 2025 Level I Curriculum, Volume 3, Module 6.