Question 19 Not yet answered Marked out of 1.00 Flag question Profits are down so the controller decides to change the corporation's accounting policy relating to inventory costing. The change will allow the corporation to report higher income and higher assets, although the physical inventory has not changed. Which of the following statements is most correct? Select one: a. The stock price is likely to increase because income is higher O b. The stock price is likely to decrease because reported inventory is higher. O C. If the stock price increases, the stock market is efficient. d. The stock price is likely to be unaffected because the stock market is efficient Question 20 Not yet answered Marked out of 1.00 Flag question Limited partnerships are not as prevalent as corporations because Select one: a. It is easier to transfer ownership by selling common stock than it is to sell partnership interests. b. Limited partnerships have the disadvantage of double taxation. c. The general partner has no liability, making it difficult for the partnership to borrow money. d. Limited partners can lose up to three times the amount they invested in the partnership if the business goes bankrupt