Series 79 practice questioneasyComparable Company Analysis - Data Sources
Which of the following is the MOST reliable source for financial data when preparing a comparable company analysis?
- ACompany press releases
- BUnaudited management presentations
- CSEC 10-K filings✓ Correct answer
- DNews articles
Explanation
Why C — SEC 10-K filings
SEC 10-Ks are independently audited and provide standardized, comprehensive financial information, making them the most reliable source. Press releases, management presentations, and news articles are less reliable.
Turn it into reps
Reading one answer is not the same as being ready
Lucky the Banker is a free practice app with 995+ Series 79 questions, weak-area tracking, and timed mock exams. No credit card, no paywall.
Spot an error in this question or explanation? Tell us — we fix these fast.
Related Collection, Analysis & Evaluation of Data questions
- An analyst is using a 3% terminal growth rate in a DCF analysis. Which of the following most accurately describes the…
- When projecting free cash flows for a DCF, which of the following is typically subtracted from after-tax EBIT (NOPAT)?
- When normalizing EBITDA for a comparable company universe, which of the following adjustments is most appropriate?
- In a leveraged buyout (LBO) analysis, which of the following will most likely increase the internal rate of return…
- Which of the following is LEAST likely to be considered a relevant precedent transaction for valuing a U.S.-based…
- Company A acquires Company B for $50 per share. Company B's share price was $40 immediately before the deal. What is…
- Which pair of assumptions is most commonly sensitized because both can materially affect terminal value and the…
- Which of the following factors is LEAST important when selecting comparable companies for valuation?
