In weak-form efficient markets, current prices already reflect the price history and volume of the stock, as well as all available public information

Indicate whether the statement is true or false.

Answer: FALSE
Explanation: In SEMI-STRONG-FORM efficient markets, current prices already reflect the price history and volume of the stock as well as all available public information.

Business

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If beginning inventory is understated by $10,000, the effect of this error in the current period is Cost of goods sold - Net Income

A. Understated - Understated B. Overstated - Overstated C. Understated - Overstated D. Overstated - Understated

Business

A strong brand that suspends advertising for several months will find that the majority of consumers quickly lose memory of the brand

Indicate whether the statement is true or false

Business