THE PRIMARY GOAL OF FINANCIAL STATEMENT ANALYSIS IS TO

1. - CFA 2018 LEVEL 2 FRA QUESTION BANK INTEGRATION OF FINANCIAL STATEMENTS QBANK
CFA 2018 LEVEL 2 FRA QUESTION BANK INTEGRATION OF FINANCIAL STATEMENTS QBANK

1. The primary goal of financial statement analysis is to:

A. document portfolio changes to comply with the Prudent Investor Rule.

B. justify trading decisions to comply with the Code and Standards.

C. facilitate an economic decision.

LO.b: Identify financial reporting choices and biases that affect the quality and

comparability of companies’ financial statements, and explain how such biases may affect

financial decisions.