新用戶掃碼下載
掃碼下載APP
及時接收最新考試資訊及
備考信息
"Equity Investments":Industry and Company Analysis
學習是一個不斷積累的過程，每天學習一點，每天進步一點！為了幫助大家更高效地備考2021年CFA考試，正保會計網(wǎng)校每日為大家上新CFA習題供大家練習。讓網(wǎng)校與您一起高效備考2021年CFA考試，夢想成真！
Questions 1:
Which of the following statements is most accurate about recessions?
A 、If severe, the demand for products of defensive companies will eventually be adversely affected.
B 、Consumers are more likely to defer purchases of products of defensive companies than of cyclical companies.
C、 Non-cyclical companies tend to underperform cyclical companies.
Questions 2:
A change in which of the following best describes a macroeconomic influence on industry growth?
A 、The cost of debt
B 、Personal spending habits
C、 Population size
View answer resolution
【Answer to question 1】A
【analysis】
A is correct. The impact of severe recessions usually reaches all parts of the economy and affects cyclical and defensive companies.
B is incorrect. Consumers do not tend to defer purchases from defensive companies during a recession.
C is incorrect. Cyclical companies underperform non-cyclical companies during economic recessions.
【Answer to question 2】A
【analysis】
A is correct. External factors affecting an industry’s growth include macroeconomic, technological, demographic, governmental, and social influences. A change in interest rates, or the cost of debt, is an example of a macroeconomic influence on industry growth, profitability, and risk.
C is incorrect. Changes in population size is an example of a demographic influence on industry growth, profitability, and risk.
B is incorrect. Changes in personal spending habits is an example of a social influence on industry growth, profitability, and risk.
成功=時間+方法，自制力是這個等式的保障。世上無天才，高手都是來自刻苦的練習。而人們經(jīng)常只看到“牛人”閃耀的成績，其成績背后無比寂寞的勤奮。小編相信，每天都在勤奮練習，即使是一點點的進步，大家一定可以成為人人稱贊的“牛人”。更多CFA考試資訊，點擊了解>
推薦閱讀
新用戶掃碼下載
京公網(wǎng)安備 11010802044457號
