Answer:
A. drop immediately.
Explanation:
In an efficient market it is assumed that assets within it will consistently reflect all information that affects that asset. Thearket is very responsive to new information and adjusts accordingly.
If the weather report says that a devastating and unexpected freeze is expected to hit Florida tonight during the peak of the citrus harvest, there will be an immediate drip in the price of Orange's stock.
A later news that is positive will cause a rise in price of the stock.
Answer:
5.5 Hours
Explanation:
The main difference among both the drivers is the number of jobs and the difference of working hours can only be determined by adding number of jobs. Sofia has two more jobs compared to victor. Following is the method to calculate the working hours:
4+0.75(2)=5.5 hours
Sofia is expected to work for 5.5 hours
Acc 450 when financial statements are affected by a material departure from generally accepted accounting principles, the auditors should Issue an "except for" qualification or an adverse opinion.
When auditors were unable to gather sufficient appropriate audit evidence on specific matters and their impact was material but not pervasive, a qualified opinion was also offered. Auditors typically provide a qualified opinion by stating that, with the exception of particular transactions or balances, or circumstances, the financial statements are free of major misstatements.
To describe the nature and circumstances that led auditors to modify their view in the audit report, a reason for adverse opinion paragraph must be added as a distinct paragraph to an adverse audit report.
The balance sheet and income statement, as well as each of their individual line items, would alter if the financial statements adhered to appropriate accounting rules, according to a basis for unfavourable opinion paragraph.
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Answer:
$8,000 decrease is the correct answer.
Explanation: