CFA Practice Question

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CFA Practice Question

An analyst examines many different pieces of nonpublic, nonmaterial information regarding a firm and comes to a significant conclusion. According to the ______ theory, the analyst can act on this conclusion.

A. traditional
B. misappropriation
C. mosaic
Correct Answer: C

User Contributed Comments 2

User Comment
Yrazzaq88 Duh :-) This should be a piece of cake by now.
raffrobb Yahoo! Got it.
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