1.3 Given that an analyst is able to judge the materiality of an ESG factor, which of the following is
true? (V3 Mock#SO)
A. It will then be possible to assess the level of impact of the ESG factor.
B. Other analysts with the same data will make the same materiality judgement.
C. The interaction of the ESG factor with financial performance will still be uncertain.
D. Cultural factors are unlikely to play a part in their judgement of materiality.
Correct Answer: C
