Because analysts typically will not have access to the accounting system or individual entries, they will need to [...] what transactions were recorded by examining the financial statements.
Because analysts typically will not have access to the accounting system or individual entries, they will need to [...] what transactions were recorded by examining the financial statements.
Because analysts typically will not have access to the accounting system or individual entries, they will need to [...] what transactions were recorded by examining the financial statements.
Answer
infer
If you want to change selection, open original toplevel document below and click on "Move attachment"
Parent (intermediate) annotation
Open it Because analysts typically will not have access to the accounting system or individual entries, they will need to infer what transactions were recorded by examining the financial statements.
Original toplevel document
7. USING FINANCIAL STATEMENTS IN SECURITY ANALYSIS ysts may need to make adjustments to reflect items not reported in the statements (certain assets/liabilities and future earnings). Analysts may also need to assess the reasonableness of management judgment (e.g., in accruals and valuations). <span>Because analysts typically will not have access to the accounting system or individual entries, they will need to infer what transactions were recorded by examining the financial statements.
7.1. The Use of Judgment in Accounts and Entries
Quite apart from deliberate misrepresentations, even efforts to faithfully represent the economic perfo
Summary
status
not learned
measured difficulty
37% [default]
last interval [days]
repetition number in this series
0
memorised on
scheduled repetition
scheduled repetition interval
last repetition or drill
Details
No repetitions
Discussion
Do you want to join discussion? Click here to log in or create user.