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What information does the weak form of market efficiency reflect? I. No information II. All information in past share prices III. All publicly available information
What information does the weak form of market efficiency reflect? I. No information II. All information in past share prices III. All publicly available information IV. Specialist and experts' insider knowledge A [ ] I only II only II and III only II, III and IV only Which of the following options correctly describes the status of the IASB Conceptual Framework for Financial Reporting? A [ ] It may be applied by small and medium sized entities instead of full accounting standards B [ ] It carries the force of law C [ ] It provides a framework for the formulation of accounting standards D [ ] Compliance ensures that a fair presentation is given
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