Answer:
False
Explanation:
It is FALSE that If you make superior returns by buying stocks after a 10% fall in price and selling stocks after a 10% rise, this is consistent with the weak form of EMH.
Weak Form of Efficiency Market Hypothesis states that individuals cannot use past knowledge, facts, or occurrence about stock to determine its future price.
In other words, past data or evidence has no connection with existing market prices.
Hence, if you make superior returns by buying stocks after a 10% fall in price and selling stocks after a 10% rise, that shows the existence of pattern or past information about the stock rising or falling prices determine future occurrence. This situation contradicts the Weak form of EMH
Answer:
True
Explanation:
One of the key roles of any manager is controlling the operations under his authority, and the two main tools that a financial manager has to help him/her control the operations under his/her department are the financial controller (internal auditor) and the external auditor firm. In an ideal world, the financial controller should be enough to do this job, but in the real world, things can get complicated and it is always better to have a different point of view. There is always the possibility that the financial controller is not performing his/her job properly, and the external auditor will help us notice this flaws.
Answer: Option B
Explanation: In simple words, inadequate disclosures refers to the situation when a company fails to make accurate or enough discloses in a statement as required by various laws and regulations.
The disclosure can be done through any medium such as media or in the yearly statement but if it does not contain proper information that it will be considered as an offence and suitable actions could be taken.
Answer:
The correct answer is $13.900.
Explanation:
To carry out the verification balance, the nature of the accounts presented in the normal balance of the organization must be taken into account. We have that the assets and income have a debit nature, so it is necessary that the corresponding to that premise are:
Accounts receivable $ 1,800 - Active
Insurance expenses $ 1,300 - Expenses
Prepaid insurance $ 2,000 - Expenses
Land $ 3,000 - Active
Cash $ 3,200 - Assets
Salary Expenses $ 1,400 - Expenses
On the other hand there are accounts that despite being of a credit nature, have credit movements as a result of ordinary activities, which would be:
Dividends: $ 1,200 - Debit nature liability
TOTAL DEBITS: $ 13,900
<u>Full question:</u>
Margie opened a used bookstore and is both the 100 percent owner and the store's manager. Which type of business entity does Margie own if she is personally liable for all the store's debts?
A. sole proprietorship
B. limited partnership
C. corporation
D. joint stock company
E. general partnership
<u>Answer:</u>
sole proprietorship type of business entity Margie own if she is personally liable for all the store's debts.
<u>Explanation:</u>
The sole proprietorship is not a lawful thing. It solely applies to a character who holds the firm and is individually answerable for its shares. They can operate subsequently the title of its master or it can run the company under a counterfeit name.
They are the most obvious design of business to build or practice alone, due to a lack of management law. As such, these kinds of businesses are extremely familiar among individual masters of companies, personal self-contractors, and counselors.
Here she is going to be owner and manager so she can choose sole proprietorship where no government formalities are there and she can be answerable to her is sufficient.
