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Question 1 of 4
Which of the following items is least likely to be forecasted as a percentage of the forecasted sales for the year?
Question 2 of 4
Which of the following is least likely to improve the credit rating of a debt instrument?
Question 3 of 4
A portfolio manager decides to select stocks with low P/E ratios only. Which of the following is least likely a limitation of the strategy?
Question 4 of 4
An analyst has convincing evidence to believe that WeiQ Corp has been under-reporting its earnings by lowering the salvage value of its assets to levels significantly lower than that of its peers.
What is the most appropriate action to be taken by the analyst?
Why is the language of the Learning Outcome Statements (LOS) different from the curriculum? The LOS are protected under the CFA Institute's copyright, and we don't have permission to duplicate them verbatim. Therefore, we've rephrased the LOS and included alphabetical labels (a, b, c, …) to simplify cross-referencing with the original LOS in the curriculum when needed.
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