Which of the Following Are the Correct Classifications of Informational

question 54

Multiple Choice

Which of the following are the correct classifications of informational efficiency?

• A) Weak-form, semistrong-form, and strong-form
• B) Past-form, present-form, and future-form
• C) Normal-form, and abnormal-form
• D) Primary-form, and secondary-form
• E) Physical-form, and over-the counter-form

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Definitions:

Sunk Cost

A cost that has already been incurred and cannot be recovered. It should not impact future business decisions because it cannot be changed.

Depreciation

The reduction in the value of an asset over time, particularly regarding tangible assets like machinery and vehicles.

Outsourcing

The business practice of hiring a party outside a company to perform services or create goods that traditionally were performed in-house by the company's own employees.

Opportunity Cost

represents the value of the best alternative foregone as a result of making a particular choice.