Driving in Your Car, You Hear That Microsoft Has Announced

question 305

Multiple Choice

Driving in your car, you hear that Microsoft has announced that they have cornered the market on Internet technology. Knowing this is great news for Microsoft, when you arrive at a phone 30 minutes later you call your broker and are able to buy Microsoft stock before its price moves up on the news. This is a violation of ___________ market efficiency.

• A) weak form
• B) semi-weak form
• C) semi-strong form
• D) strong form
• E) TSX stock

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Definitions:

Planning Budget

A financial plan that estimates the revenue, costs, and resources required over a certain period, often used for guiding business strategy and operations.

Other Expenses

Costs not directly related to production or operations, such as administrative and marketing expenses.

Containers Refurbished

The process of cleaning, repairing, and restoring used containers to a condition suitable for safe and efficient reuse.

Spending Variance

The difference between the actual amount of money spent and the budgeted or planned amount in a given period.