Most Evidence Indicates That U.S.stock Markets Are _______________________

question 60

Multiple Choice

Most evidence indicates that U.S.stock markets are _______________________.

• A) reasonably weak form and semi-strong form efficient
• B) strong form efficient
• C) reasonably weak form but not semi- or strong form efficient
• D) neither weak form, semi- or strong form efficient

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Definitions:

Useful Life

The estimated duration a fixed asset is expected to be economically useful to an organization.

Capitalized

Refers to recording an expense or cost as an asset on the balance sheet, rather than as an expense on the income statement, to spread out the expense over its useful life.

Long-Lived Assets

These are tangible or intangible assets that a company expects to use for more than one year, including property, plant, and equipment.

Economic Benefits

The gains derived from actions or decisions, typically measured in terms of revenue or income generated or costs saved.