Empirical tests of market efficiency fail to show that most major national markets are reasonably efficient
Indicate whether the statement is true or false.
Answer: FALSE
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The abbreviation FOB stands for Free On Board
Indicate whether the statement is true or false
The goal of ______ feasibility analysis is to determine whether the costs of developing, implementing, and running the system are worth the benefits derived from its use.
a. technical b. economic c. operational d. political
When funds calculate their returns, they assume that all distributions
A) are withdrawn from the fund. B) are reinvested in shares of the fund. C) are reinvested in shares of a money market fund. D) are reinvested in shares of a market index fund.
Fragmental Co. leased a portion of its store to another company for eight months beginning on October 1, at a monthly rate of $1050. Fragmental collected the entire $8400 cash on October 1 and recorded it as unearned revenue. Assuming adjusting entries are only made at year-end, the adjusting entry made by Fragmental Co. on December 31 would be:
A. A debit to Cash and a credit to Rent Revenue for $8400. B. A debit to Unearned Rent and a credit to Rent Revenue for $5250. C. A debit to Rent Revenue and a credit to Cash for $3150. D. A debit to Unearned Rent and a credit to Rent Revenue for $3150. E. A debit to Rent Revenue and a credit to Unearned Rent for $3150.