CFA Practice Question

There are 191 practice questions for this study session.

CFA Practice Question

The management of a company can ______

A. directly influence a company's book value of equity.
B. directly influence a company's market value of equity.
C. not directly influence a company's market value or book value of equity.
Correct Answer: A

Management can directly affect the book value of a company but can only indirectly affect its market value.

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