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Basic Question 0 of 4
Which of the following assets are NOT categorized as commodities?
II. fine wine.
III. coffee.
IV. gold.
V. jewelry.
VI. carbon credits.
I. coal.
II. fine wine.
III. coffee.
IV. gold.
V. jewelry.
VI. carbon credits.
User Contributed Comments 3
| User | Comment |
|---|---|
| Hermalia | They are collectibles. |
| khalifa92 | they arent raw |
| 923029 | Yup ... wine and jewellery are finished products, An output, rather than an input. Carbon Credit is a financial commodity. |
I am happy to say that I passed! Your study notes certainly helped prepare me for what was the most difficult exam I had ever taken.
Andrea Schildbach
Learning Outcome Statements
identify financial reporting choices and biases that affect the quality and comparability of companies' financial statements and explain how such biases may affect financial decisions;
evaluate the quality of a company's financial data and recommend appropriate adjustments to improve quality and comparability with similar companies, including adjustments for differences in accounting standards, methods, and assumptions;
evaluate how a given change in accounting standards, methods, or assumptions affects financial statements and ratios;
analyze and interpret how balance sheet modifications, earnings normalization, and cash flow statement related modifications affect a company's financial statements, financial ratios, and overall financial condition.
CFA® 2025 Level II Curriculum, Volume 2, Module 15.