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Basic Question 1 of 5
In general, credit analysts tend to focus more on the ______ while equity analysts tend to focus more on income and cash flow statements.
II. balance sheet
III. cash flow statement
I. income statement
II. balance sheet
III. cash flow statement
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I am happy to say that I passed! Your study notes certainly helped prepare me for what was the most difficult exam I had ever taken.

Andrea Schildbach
Learning Outcome Statements
calculate and interpret financial ratios used in credit analysis
CFA® 2026 Level I Curriculum, Volume 4, Module 16.