If the financial markets are semistrong form efficient, then:

A. only the most talented analysts can determine the true value of a security.
B. only individuals with private information have a marketplace advantage.
C. technical analysis provides the best tool to use to gain a marketplace advantage.
D. no one individual has an advantage in the marketplace.
E. every security offers the same rate of return.


Ans: B. only individuals with private information have a marketplace advantage.

Business

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Those materials used in the manufacturing process that do not become a major part of the finished product are called indirect materials

a. True b. False Indicate whether the statement is true or false

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Which of the following statements is true with regard to JIT in global supply chains?

a. Shipping numerous small quantities of products is less cost-effective over long distances. b. Communication is not as important as it is replaced by Kanban. c. JIT can increase the number of suppliers. d. JIT can decrease the quality of goods supplied.

Business

What is the major advantage of using the direct method of preparing the operating activities section of the statement of cash flows?

What will be an ideal response?

Business

The average propensity to consume is commonly viewed as a key determinant of standard of living.

Answer the following statement true (T) or false (F)

Business