- CFA Exams
- CFA Level I Exam
- Topic 5. Equity Investments
- Learning Module 6. Industry and Competitive Analysis
- Subject 2. Industry Classification
CFA Practice Question
A provider of rail transportation services should be categorized in the ______ sector.
B. industrial/producer durables
C. utilities
A. consumer discretionary
B. industrial/producer durables
C. utilities
Correct Answer: B
User Contributed Comments 2
User | Comment |
---|---|
johntan1979 | From Investopedia: Consumer Discretionary - A sector of the economy that consists of businesses that sell nonessential goods and services. Companies in this sector include retailers, media companies, consumer services companies, consumer durables and apparel companies, and automobiles and components companies. |
pdxcfa1 | EOC question has autos classified under Consumer Discretionary. |