QUESTIONS 45 THROUGH 68 RELATE TO FINANCIAL STATEMENT ANALYSIS

57. - MOCK AND SAMPLE EXAMS CFA LEVEL I MOCK EXAM AFTERNOON 2012
MOCK AND SAMPLE EXAMS CFA LEVEL I MOCK EXAM AFTERNOON 2012
57. The least likely reason that a security analyst needs to understand the accounting process is to: A. prevent earnings manipulation by management. B. make adjustments to reflect items not reported in the financial statements. C. aid in the assessment of management’s judgment in accruals and valuations.