What is the principal activity of security analysts?
A) to assign credit ratings.
B) to apply IFRS adjustments.
C) to value firms.
D) to assess the need for audits.

Question

Quizplus · Accepted Answer

The principal activity of security analysts is to value firms by analyzing financial statements, economic indicators, market trends, and other relevant information to determine a fair price for a company's stock or other securities. They also provide recommendations to buy, hold, or sell securities based on their analysis. Assigning credit ratings, applying IFRS adjustments, and assessing the need for audits are not typically within the scope of security analysts' responsibilities.

What Is the Principal Activity of Security Analysts