Which of the following statements is incorrect?
A) Fundamental analysis is engaged in by many analysts.
B) 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.
C) 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.
D) Fundamental analysis assumes that an analyst can study all the published information in relation to an entity and determine whether its shares are correctly valued.

Question

Quizplus · Accepted Answer

This statement is incorrect because fundamental analysis typically considers both primary and secondary sources of information about an entity.

Which of the Following Statements Is Incorrect