Which one of the following statements is correct?
A. Funds received via automated clearinghouse transfers are available that day.
B. A depository transfer check is the most costly means of transferring funds into a cash
concentration account.
C. The means selected to transfer funds into a concentration account depends primarily
upon the size of the transfers.
D. Concentration accounts are used to transfer funds to lockbox locations as needed.
E. The most expedient means of transferring funds into a concentration account is a
wire transfer.
If you excel in analyzing the future outlook of firms, you would prefer the financial
markets be ____ form efficient so that you can have an advantage in the marketplace.
A. weak
B. semiweak
C. semistrong
D. strong
E. perfect
Assume the shareholders of a target firm benefit from being acquired in a stock
transaction. Given this, these shareholders are most apt to realize the largest benefit if
the:
A. acquiring firm has the better management team and replaces the target firm's
managers.
B. management of the target firm is more efficient than the management of the
acquiring firm which replaces them.
C. management of both the acquiring firm and the target firm are as equivalent as
possible.
D. current management team of the target firm is kept in place even though the
managers of the acquiring firm are more suited to manage the target firm's situation.
E. current management team of the target firm is technologically knowledgeable but yet