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Basic Question 2 of 6
The actions of standard setters and regulators are ______ to be helpful in identifying new products and transactions.
B. likely
A. unlikely
B. likely
User Contributed Comments 2
User | Comment |
---|---|
johntan1979 | Yup... we saw what happened in 2008... |
praj24 | ^^^Good example! |

I passed! I did not get a chance to tell you before the exam - but your site was excellent. I will definitely take it next year for Level II.

Tamara Schultz
Learning Outcome Statements
describe implications for financial analysis of alternative financial reporting systems and the importance of monitoring developments in financial reporting standards
CFA® 2025 Level I Curriculum, Volume 2, Module 1.