When an organization sells on credit, it is essentially reducing the risk that a portion of the accounts receivable balance will never be collected

Earnings per share:

a. required disclosure for publicly traded corporations b. component of the entity has been sold or will be sold c. costs generally associated with downsizing d. reports a series of intermediate subtotals e. accounted for prospectively f. tangentially related to normal operations g. accounted for retrospectively by revising prior years' statements h. other comprehensive income i. total non-owner change in equity j. ability of reported income to predict future earnings

The announcement effect seems to show that

A) announcements of interventions are more powerful than interventions themselves. B) announcements of interventions are less important the interventions. C) traders are not affected by central bank actions. D) exchange rates do not change with the announcements at all.