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NEW QUESTION: 1
Caleb Gold is studying for the Level 1 CFA examination with a fellow group of first year MBA students at the London School of Economics. During that night's study session, Stephan LeMond, the self-proclaimed group "leader," gives a short presentation on the forms of the efficient market hypothesis (EMH). As Gold listens, he hears LeMond make an obviously incorrect statement. He quickly speaks up, and identifies which of the following statements as INCORRECT?
A. The weak-form EMH states that stock prices reflect current public market information and expectations.
B. The weak-form EMH suggests that technical analysis will not provide excess returns while the semi- strong form suggests that fundamental analysis cannot achieve excess returns.
C. The strong-form EMH assumes perfect markets.
D. The semi-strong form EMH addresses market and non-market public information.
Answer: A
Explanation:
Explanation/Reference:
Explanation:
The weak-form EMH assumes the price of a security reflects all currently available historical information.
Thus, the past price and volume of trading has no relationship with the future, hence technical analysis is not useful in achieving superior returns.
The other statements are true. The strong-form EMH states that stock prices reflect all types of information: market, non-public market, and private. No group has monopolistic access to relevant information; thus no group can achieve excess returns. For these assumptions to hold, the strong-form assumes perfect markets - information is free and available to all.
NEW QUESTION: 2
Network Layer TCP/IP packets that are prepared to be sent across the 802.11 wireless medium are commonly known as which of the following?
A. MAC protocol data unit
B. LLC sub-layer data unit
C. MAC service data unit
D. PHY layer service data unit
E. MAC service switch unit
Answer: C
NEW QUESTION: 3
In welchem Prozess werden Testdaten im Rahmen eines umfassenden Tests der Programmsteuerung kontinuierlich online verwendet?
A. Parallele Simulation
B. Integrierte Testeinrichtung (ITF)
C. Testdaten / Deck
D. Basisfall-Systembewertung
Answer: D
Explanation:
Erläuterung:
Bei einer Basisfall-Systembewertung werden Testdatensätze verwendet, die im Rahmen umfassender Testprogramme entwickelt wurden. Sie werden verwendet, um den ordnungsgemäßen Systembetrieb vor der Abnahme sowie die regelmäßige Validierung zu überprüfen. Testdaten / Deck simuliert Transaktionen durch echte Programme. Eine ITF erstellt fiktive Dateien in der Datenbank, wobei Testtransaktionen gleichzeitig mit Live-Eingaben verarbeitet werden. Die parallele Simulation ist die Erzeugung von Daten, die mit Computerprogrammen verarbeitet werden, die die Logik von Anwendungsprogrammen simulieren.
NEW QUESTION: 4
Which Windows 7 command can stop a single process from the command-line?
A. DEL
B. Shutdown
C. Taskkill
D. Tasklist
Answer: C