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Basic Question 2 of 4

The default forecast approach for any object is:

A. Historical results
B. Historical base rates and convergence
C. Management guidance
D. Analyst's discretionary forecast

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I passed! I did not get a chance to tell you before the exam - but your site was excellent. I will definitely take it next year for Level II.
Tamara Schultz

Tamara Schultz

Learning Outcome Statements

explain principles and approaches to forecasting a company's financial results and position

CFA® 2026 Level I Curriculum, Volume 3, Module 7.