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Basic Question 0 of 8

Stakeholders that our decisions and behavior can harm include ______.

I. our clients
II. our colleagues
III. our employers
IV. the investment profession
V. other financial market participants

User Contributed Comments 10

User Comment
tarricks Correct.
lux240392 got it wrong :(
JHuang0926 Correct
sandeepgag correct
dhill91 All
tomowwong It's so fucking easy lux240392. Please go home and suck
olaadisa All..
jnsignocan All of them
Norumedzo All
VNKCFA All
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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

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.