CFA Practice Question

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CFA Practice Question

If you read a research report that evaluates the key drivers of revenue, costs, profitability, cash flows etc, then most likely the report is:

A. an initial report
B. a subsequent report
C. a comprehensive report
Correct Answer: A

These things are usually included in the "Financial Analysis and Model" element of an initial report - the analyst discusses the company's past and present financial statements here.

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