The efficient market hypothesis assumes that
A. there are only a few buyers and sellers in a stock market and stocks are illiquid.
B. there are many buyers and sellers in a stock market and stocks are illiquid.
C. there are only a few buyers and sellers in a stock market and stocks are liquid.
D. there are many buyers and sellers in a stock market and stocks are liquid.
Answer: D
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A) Upper-upper class B) Lower-upper class C) Upper-lower class D) Lower-middle class
Which of the following actions is not a potential fraud scheme related to long-lived assets?
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What is the most important aspect of internal control?
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