Efficient Capital Markets Are fiNancial Markets

question 13

Multiple Choice

Efficient capital markets are financial markets:

• A)in which current market prices reflect available information.
• B)in which current market prices reflect the present value of securities.
• C)in which there is no excess profit from using available information.
• D)in which the stock price would constantly react to new information.
• E)All of the above.

Accurately record transactions in T accounts.

Understand the components of a chart of accounts.

Grasp the concept of accrual basis accounting.

Identify the financial statements where different accounts are reported.

---

Definitions:

Expand

To simplify an expression or equation by multiplying out brackets and combining like terms.

Special Product Formula

Mathematical formulas that provide shortcuts for multiplying certain types of polynomials.

Special Product Pattern

Patterns used in algebra to recognize products of binomials that can simplify multiplication and factoring tasks.

Closed Rectangular Box

A three-dimensional shape bounded by six rectangular faces, where all interior angles are right angles, and it is completely enclosed.