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 and economic data and making projections about their future performance. They then use this information to make recommendations to investors about buying or selling securities. Assigning credit ratings is the responsibility of credit rating agencies, applying IFRS adjustments is typically done by accountants, and assessing the need for audits is the job of regulators or auditors themselves.

What Is the Principal Activity of Security Analysts