Roger has been following a stock chart for TechMart Inc. and believes he has detected a pattern that he can use to earn abnormally large returns. If this is true he has demonstrated a violation of which form of market efficiency?
A) weak form
B) semi-strong form
C) strong form
D) all three forms of market efficiency have been violated
Answer: D) all three forms of market efficiency have been violated
Business
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What will be an ideal response?
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When the auditor cannot obtain sufficient appropriate evidence to determine whether certain client acts are not in compliance with laws and regulations, (s)he would most likely express
A. An unmodified opinion with an emphasis-of-matter paragraph. B. Either a qualified opinion or an adverse opinion. C. Either a disclaimer of opinion or a qualified opinion. D. Either an adverse opinion or a disclaimer of opinion.
Business