问题如下：
Abby Dormier is a sell-side analyst for a small Wall Street brokerage firm covering publicly and actively traded companies with listed equity shares. Dormier is responsible for issuing either a buy, hold, or sell rating for the shares of Company A and Company B. Dormier assigns ratings to each of the companies and provides a rationale for each rating. The director of research asks Dormier: “How did you arrive at these recommendations? Describe how you used a top-down approach, which is the policy at our company.” Dormier replies, “I arrived at my recommendations through my due diligence process. I have studied all of the public disclosure documents; I have participated in the company conference calls, being careful with my questions in such a public forum; and I have studied the dynamics of the underlying industries. The valuation models are
robust and use an extensive set of company-specifc quantitative and qualitative inputs.” Based on Dormier’s response to the director of research, Dormier’s process could have been more consistent with the firm’s policy by:
选项：
A.incorporating additional micro-level inputs into her valuation models
evaluating the impact of general economic conditions on each company
asking more probing questions during publicly available company conference calls
解释：
B is correct. A top-down forecasting approach moves from macroeconomic forecasts to industry forecasts and then to individual company and asset forecasts. Analysts are expected to understand the general economic conditions before finalizing a research report and making a recommendation. According to Dormier’s response, she did not comment on the general economic conditions and such considerations would be consistent with the frm’s policy of using a top-down approach.
A选项错在哪里了啊 感觉也是在说再加入从宏观大环境出发需要考虑的因素 和B项有些接近
