Which of These Are Reasons Why People Do Not Accept

question 12

Multiple Choice

Which of these are reasons why people do not accept the efficient market hypothesis?
I.Optical illusions
II.Normal profits
III.Earnings surprises
IV.Market bubbles

• A)III and IV only
• B)I and III only
• C)II and IV only
• D)I,II,and IV only
• E)I,III,and IV only

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Definitions:

Procedures

Systematic instructions or steps designed to perform a specific task or process effectively and efficiently.

Policies

Established guidelines or rules that govern the decision-making process and actions within an organization.

Operational Plans

Detailed plans formulated by an organization to implement its strategic goals, focusing on short-term actions and resources.

Strategic Plans

Strategic plans are forward-looking documents that outline an organization's goals and the strategies intended to achieve them over a long-term period.