- CFA Exams
- CFA Level I Exam
- Topic 6. Fixed Income
- Learning Module 47. Fundamentals of Credit Analysis
- Subject 4. Credit Analysis
CFA Practice Question
Which of the following factors would not give a good indication of the quality of management of a company that has issued fixed income securities?
A. well designed control systems
B. track record
C. low management turnover
Explanation: Low management turnover simply implies that managers tend to stay with the firm for longer periods of time. This factor does not provide as clear a management quality signal as the other possible answers.
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