- CFA Exams
- CFA Level I Exam
- Topic 5. Equity Investments
- Learning Module 7. Company Analysis: Forecasting
- Subject 1. Forecast Objects, Principles, and Approaches
CFA Practice Question
The benefit of using summary measures is:
B. accuracy
C. efficiency
D. verifiability
A. transparency
B. accuracy
C. efficiency
D. verifiability
Correct Answer: C
Transparency is actually the main disadvantage. It is difficult to audit the forecast.
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