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Question 2: When setting expectations, we need to obtain information that is independent to or anchored outside the data we are analyzing. Which of the
Question 2:
When setting expectations, we need to obtain information that is independent to or anchored outside the data we are analyzing. Which of the following factors is less likely to support a highly precise expectation?
a. Reports from the accounting reporting system
b. Reports from outside the finance team
c. Daily pricing reposts avaible
d. Valuation report from a third-party valuation firm
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