Examlex
The journal entry to replenish a petty cash fund includes a debit to the Petty Cash account and a credit to the proper expense account(s).
Weak Form Efficiency
A form of market efficiency where all past trading information is already reflected in stock prices, implying that technical analysis cannot yield consistent excess returns.
Market Efficiency
A concept that describes the extent to which market prices fully reflect all available information, making it impossible to consistently achieve higher-than-normal returns.
Well-Organized Markets
Financial markets that are structured in a manner to ensure transparency, fair trading practices, and efficiency.
Semi-Strong Efficiency
A form of market efficiency where asset prices fully reflect all publicly available information.
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