According to behavioral finance, observed overreaction in securities markets most likely occurs because of:
A. gamblers fallacy.
B. Disposition effect.
C. Loss aversion.
查看答案
Sheila Schleif, CFA, is an equity analyst at an investment banking division of Mokara Financial Group, a full service financial group. Schleif uses a multifactor computer model to make stock recommend
A. Priority of Transactions
B. Diligence and Reasonable Basis
C. Fair Dealing
Kelly Amadon, CFA, an investment adviser, has two clients: Ryan Randolf,65 years old, and Keiko Kitagawa,45 years old. Both clients earn the same amount in salary. Randolf, however, has a large amount
A. Only Randolfs portfolio.
B. Only Kitagawas portfolio.
C. Both clients portfolios.
In accrual accounting, if an adjusting entry results in the reduction of an asset and the recording of an expense, the originating entry recorded was most likely a(n):
Accrued expense.
B. Deferred revenue.
C. Prepaid expense.
Which of the following is least likely to be a valid function/characteristic of money? Money:
A. Requires a double coincidence of wants.
B. Acts as a unit of account.
C. Provides a store of wealth.