If Inventories Decline by More Than Analysts Predict They Will

question 287

Multiple Choice

If inventories decline by more than analysts predict they will decline,this implies that

• A)actual investment spending was greater than planned investment spending.
• B)actual investment spending was less than planned investment spending.
• C)actual investment spending was equal to than planned investment spending.
• D)there is no relationship between actual investment spending and planned investment spending.

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Definitions:

Tombstone

A stone marker, typically inscribed, placed over a grave.

Limit Order

Order that puts a ceiling or floor on a security purchase or sale.

Check Clearing

The process of transferring funds from the check writer's account to the recipient's account.

Insider Trading

Use of material nonpublic information about a company to make investment profits.