CFA Practice Question

There are 191 practice questions for this study session.

CFA Practice Question

Which statement is true?
A. Succeeding in an industry with low barriers is easy.
B. A company may belong to different industries.
C. The construction of a peer group is an objective process.
Explanation: A company may engage in more than one significant business activity.

A is false: barriers to entry are not barriers to success.

C is false: it is a subjective process.

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