Skip to content

NISM Certifications · NISM-Series-XV: Research Analyst · Qualities of a Good Research Report

Which of the following best distinguishes a fact from an opinion in a research report?

Reported revenue of Rs 1,200 crore is a verifiable fact, whereas a statement that revenue will double in three years is a projection and therefore an opinion. Good reports clearly label this difference so readers can tell verified data from the analyst's assumptions.

  1. AA statement that the company's reported FY revenue was Rs 1,200 crore is a fact, while 'revenue will double in three years' is a projection or opinionCorrect
  2. BBoth statements are facts because both involve numbers
  3. CBoth are opinions because the analyst wrote them
  4. DProjections are facts if the analyst is senior

Explanation

Reported figures from audited statements are verifiable facts. Forward-looking statements depend on assumptions and are opinions or estimates. A good report clearly separates the two so the reader knows which is which.

Did you get it right without looking?

One question tells you little. A timed set on Qualities of a Good Research Report shows your real accuracy, how long you take and where you lose marks.

Practise Qualities of a Good Research ReportFree diagnostic mock

More Qualities of a Good Research Report questions