A Technical Analyst Might Consider the Following a Bearish Signal

question 54

Multiple Choice

A technical analyst might consider the following a bearish signal.

• A) The percentage of speculators in stock index futures exceeds 70%.
• B) The percentage of speculators in stock index futures exceeds 30%.
• C) The percentage of speculators in stock index futures falls to 30%.
• D) The percentage of speculators in stock index futures remains flat.
• E) None of the above.

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Definitions:

Raw Materials Inventory

The total cost of all component materials currently in stock that have not yet been used in work-in-process or finished goods production.

Overapplied

Refers to a situation where the allocated costs exceed the actual overhead expenses incurred.

Manufacturing Overhead Cost

All indirect costs associated with manufacturing beyond direct materials and direct labor, such as utilities, depreciation, and factory equipment maintenance.

Indirect Labor Cost

Expenses relating to employees who do not directly participate in the production of goods but support the production process.