CFA Practice Question

There are 86 practice questions for this study session.

CFA Practice Question

The actions of standard setters and regulators are ______ to be helpful in identifying new products and transactions.

A. unlikely
B. likely
Correct Answer: A

This is due to the lag between new product development and regulatory action.

User Contributed Comments 2

User Comment
johntan1979 Yup... we saw what happened in 2008...
praj24 ^^^Good example!
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