- CFA Exams
- CFA Level I Exam
- Topic 5. Equity Investments
- Learning Module 5. Company Analysis: Past and Present
- Subject 3. Revenue Analysis
CFA Practice Question
A top-down approach expresses revenue as a function of drivers such as ______.
II. market size
III. product line revenue
IV. GDP growth
V. product price
I. market share
II. market size
III. product line revenue
IV. GDP growth
V. product price
Correct Answer: I, II and IV
A top-down approach expresses revenue as a function of drivers such as market share, market size, and GDP growth.
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