Which One of the Following Is Required for a Trader

question 9

Multiple Choice

Which one of the following is required for a trader to earn excess profits?

• A) excessive trading
• B) excessive research
• C) market inefficiency
• D) highly volatile market state
• E) relatively stable market state

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Definitions:

Expensed

Costs that are charged against income in the period they are incurred, rather than being capitalized and amortized over time.

Finite Life

Finite life refers to the fixed period during which an asset is expected to be useful before it becomes obsolete or its value is fully depreciated.

Intangible Assets

Non-physical assets that have value, such as patents, copyrights, trademarks, and goodwill.

Amortization Expense

Amortization expense is the gradual charging to expense of the cost of an intangible asset over its useful life.