Market Efficiency

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.

Formulas, definitions, diagrams at your fingertips

Now available for all Level I topics! Try it now!
Enter a search term (e.g. ‘LIFO reserve’).

Search: