Multiple Choice
Which one of the following statements is not part of the incomplete revelation hypothesis (IRH) ?
A) Some accounting numbers or relationships may not be fully revealed in security prices.
B) Footnote disclosure is all that is needed for information to fully impact security prices.
C) Some individuals' trading habits do not respond in a rational way to new information.
D) Some individuals respond to information is such a way as to impede the market from acting in a fully efficient manner.
Correct Answer:

Verified
Correct Answer:
Verified
Q58: Which of the following statements does
Q59: What are the weaknesses of capital market
Q60: In portfolio theory, systematic risk is defined
Q61: The study by Ou and Penman, which
Q62: The usefulness of accounting information may be
Q64: Which of the following are possible sources
Q65: According to portfolio theory, systematic risk can
Q66: Unlike stock price, which is forward looking,
Q67: The relationship between risk and return for
Q68: Which of the following is