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NEW QUESTION: 1
Tests of the EMH suggest that:
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II). very few fundamental indicators offer forecasting power
III). despite the ability of Value Line forecasts to predict stock returns, trading profits are unlikely after adjusting the returns for transactions costs
A. I, II and III.
B. I and II.
C. I and III.
Answer: A
Explanation:
All of these are conclusions of efficient markets tests. Despite that fact that we find several market inefficiencies, it is still the case that the individual investor and even many professional investors cannot profit from these known inefficiencies.
NEW QUESTION: 2
Which of the following phases of a system development life-cycle is most concerned with maintaining proper authentication of users and processes to ensure appropriate access control decisions?
A. Initiation
B. Operation/Maintenance
C. Implementation
D. Development/acquisition
Answer: B
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Source: STONEBURNER, Gary & al, National Institute of Standards and Technology (NIST), NIST Special Publication 800-27, Engineering Principles for Information Technology Security (A Baseline for Achieving Security), June 2001 (page 15).
NEW QUESTION: 3
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C. Attack defense
D. Packet filtering
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