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Exam CCRA topic 1 question 56 discussion

Actual exam question from AIWMI's CCRA
Question #: 56
Topic #: 1
[All CCRA Questions]

Which of the following statement is (are) correct?
Statement 1: Industry analysis is the first and foremost step in the bottom up approach of analysis.
Statement 2: Industry analysis would enable an analyst to figure out the relative positions of various market players and thereby make informed investment decisions.

  • A. Both are incorrect
  • B. Only Statement 1 is correct
  • C. Only Statement 2 is correct
  • D. Both are correct
Show Suggested Answer Hide Answer
Suggested Answer: C 🗳️
Reference:
https://books.google.com.pk/books?id=WTvNAgAAQBAJ&pg=PA33&lpg=PA33&dq=Industry+analysis+would+enable+an+analyst+to+figure+out+the
+relative+positions+of+various+market+players+and+thereby+make+informed+investment
+decisions&source=bl&ots=cdWVJjXJOD&sig=ylQxA7NKQBDIaUibTdf3F8GgZh4&hl=en&sa=X&ved=2ahUKEwiKptmlpd7eAhVQQcAKHclLCCoQ6AEwAHoECA gQAQ#v=onepage&q=Industry%20analysis%20would%20enable%20an%20analyst%20to%20figure%20out%20the%20relative%20positions%20of%20various%
20market%20players%20and%20thereby%20make%20informed%20investment%20decisions&f=false
by vynyfulu at April 5, 2025, 12:03 p.m.

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