NISM Certifications · NISM-Series-XV: Research Analyst · Qualities of a Good Research Report
An analyst's report states that a company's revenue grew 12% and EBITDA margin expanded, but it does not show the source of the data. Which quality of a good research report is most clearly lacking?
The missing quality is clear sourcing and verifiability of data. A good research report must identify where its figures come from, such as audited filings or exchange disclosures, so readers can check them. Formatting, summary length or charts do not cure the lack of a source.
- AClear sourcing and verifiability of dataCorrect
- BUse of a readable font
- CBrevity of the executive summary
- DUse of charts in the report
Explanation
A good report identifies the source of facts and figures, such as company filings, so readers can verify them. Omitting the source weakens credibility regardless of formatting or length.
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