- CFA Exams
- CFA Level I Exam
- Topic 4. Financial Statement Analysis
- Learning Module 11. Financial Analysis Techniques
- Subject 1. Analytical Tools and Techniques
CFA Practice Question
Which of the following best describes a cross-sectional data? A. Staff numbers at a particular institution taken on a monthly basis in order to assess staff turnover rates.
B. The number of students registered for a particular course on a yearly basis.
C. An inventory of all ice creams in stock at a particular store.
Correct Answer: C
A and B are time-series data. They would be used to forecast likely data patterns in the future.
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