The first professional body founded of the followings: Select one: O a. Institute of Chartered Accountants in England and Wales O b. Society of Accountants (Edinburgh) O c. American Association of Public Accountants O d. International Accounting Standards Board There is a positive impact of earnings on stock prices Select one: O a. False O b. True The paper of Balll and Brown in 1968 was implemented based on positive approach of accounting researc Select one: O a. False O b. True the form of market efficiency that assumes share price reflect all information is: Select one: O a. ineffective approach O b. Semi-strong form of market efficiency O c. Weak form of market efficiency O d. Strong form of market efficiency -----would be an example of a principal Select one: O a. bondholder O b. accountant O c. shareholder O d. manager which of the following is a component of the faithful representation qualitative characteristic (FASB) Select one: O a. Predictive value O b. completeness O c. Verifiability O d. Bias