Shares Whose Prices Are Expected to Remain Stable, or Even

question 2

Multiple Choice

Shares whose prices are expected to remain stable, or even prosper, when economic activity is slowing down are known as

• A) reversible shares.
• B) cyclical shares.
• C) speculative shares.
• D) defensive shares.

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Definitions:

Balance Sheet

A Balance Sheet is a financial statement that provides a snapshot of a company’s assets, liabilities, and shareholders' equity at a specific point in time.

Traditional Format

In financial accounting, this refers to the conventional structure of financial statements that include the balance sheet, income statement, and statement of cash flows.

Debit Memo

A document issued to correct or adjust amounts in previously issued invoices.

Decreases Asset

Transactions or events that result in a reduction of the value or quantity of the assets owned by a company.