If the stock market is efficient, then investors do not need to read the Wall Street Journal or research
companies before they select which stocks to buy because market prices already reflect all publicly
available information.
Indicate whether the statement is true or false
FALSE
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Given one or more hypothetical assumptions, a responsible party may prepare, to the best of his knowledge and belief, an entity's expected financial position, results of operations, and changes in cash flows. Such prospective financial statements are known as:
A. financial projections. B. financial forecasts. C. pro forma financial statements. D. partial presentations.
A brand community can be created by marketers or can develop on its own among consumers
Indicate whether the statement is true or false
Which of the following is the first step in a formal planning process?
A. monitor and control B. situational analysis C. alternative goals and plans D. goal and plan evaluation E. implementation
Management Tech Company uses an online behavioral test provided by Norm Testing Service to assess the employability of job applicants. The agreement between Management Tech and Norm Testing for the use of the test most likely provides that if Management Tech breaches the terms and conditions, Norm Testing can
a. cancel the contract. b. do nothing. c. require that Management Tech re-administer the test. d. mandate that any affected applicants be hired.