The process of gathering and organizing information and then using it to determine the intrinsic value of a share of common stock is defined as Securities Analysis. Tnud or False? 26 lae The underlying or inherent value of a stock, as determined through fundamental analysis is known as Intrinsic Value. True or False? 27. ralse A study of general economic conditions that is used in the valuation of common stock is defined as Economic Analysis. True or False? 28. Iyne An indication of the current state of the economy, reflecting changes in total economic activity over time is known as Business Cycle. True or False? 29 Study of industry groupings that looks at the competitive position of a particular industry in relation to others and identifies companies that show particular promise within an industry is known as Industry Analysis. True or False? 30 A reflection of the amount of business vitality that occurs within an industry (or company) overtime is defined as Growth Cycle. True or False? 31 The in-depth study of the financial condition and operating results of a firm is defined as Fundamental Analysis. True or False? 32