If an announcement by a firm causes the price of that firm's stock to suddenly change, that price change will most likely be driven by:
A) the expected part of the announcement.
B) market inefficiency.
C) the unexpected part of the announcement.
D) systematic risk.
E) expectations of a revised announcement in the near term.
C) the unexpected part of the announcement.
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Which one of the following is correct?
a. Inventory losses can be identified and controlled better under the perpetual system. b. The perpetual system eliminates the need for an annual inventory count. c. There is no difference in cost to implement a perpetual as compared to a periodic system. d. Inventory can only be sold at the end of an accounting period under the periodic system.
The company that makes or gives a promissory note to another company has a liability, called a(n) ____________________
Fill in the blank(s) with correct word
IMF quotas are determined by the relative size of a nation in the global economy and
A. may run in arrears for five years. B. limit trade among IMF members. C. are payable in SDRs. D. are the nation's "dues" to the IMF.
Troy establishes the following goal: "I am going to be a great success in my job next year." The biggest flaw in his goal is that it
A) is not specific enough. B) will not stretch him. C) is too negative. D) is set for different time periods.