Which statement is incorrect?
A) Fundamental analysis assumes that an analyst can study all the published information in relation to an entity and determine whether its shares are under/over-valued.
B) Fundamental analysis assumes that an analyst should concentrate on studying data about an entity from a primary source and give little weight to secondary sources of information.
C) Fundamental analysis is engaged in by many analysts.
D) Fundamental analysis assumes that an analyst can study all the published information in relation to an entity and determine whether its shares are ly valued.

Question

Quizplus · Accepted Answer

The statement "Fundamental analysis assumes that an analyst should concentrate on studying data about an entity from a primary source and give little weight to secondary sources of information" is incorrect. In fact, fundamental analysis takes into account both primary and secondary sources of information to arrive at a conclusion about the value of an entity's shares.

Which Statement Is Incorrect