Leaders must overcome _______________

According to the strong view of the efficient markets hypothesis, security prices reflect ________ and so financial markets are efficient

A) market fundamentals B) rational expectations C) momentum effects D) current market trends

When preparing the budgeted income statement, which of the following is the source for the amount of Cost of Goods Sold?

A) sales budget B) operating expense budget C) schedule of disbursements for operating expense D) purchases and cost of goods sold budget