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Solve question one and two Part A - 20 Marks Question 1 (10 marks) The Efficient Market Hypothesis, known as EMH in the investment community,

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Solve question one and two

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Part A - 20 Marks Question 1 (10 marks) The Efficient Market Hypothesis, known as EMH in the investment community, is one of the underlying reasons investors may choose a passive investing strategy. Required: 1. What is meant by EMH? Explain why efficiency is important for you as a potential investor. 2. Briefly discuss the forms of market efficiency. Which market efficiency assumed to exist? Question 2 (10 marks) For recording assets, the IASB Framework lists a number of different measurement bases which are employed in different degrees and in varying combinations in financial statements. Discuss these bases with examples

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