CFA Practice Question

There are 86 practice questions for this study session.

CFA Practice Question

Making any necessary adjustments to the financial statements to facilitate comparison with respect to accounting choices is done in which step of the financial statement analysis framework?
A. Collect data
B. Process data
C. Analyze/interpret the processed data
Explanation: Making any adjustments is part of the processing data step. Commonly used databases (part of the collection phase) do not make adjustments for differences in accounting choices.

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