WHICH ONE IS FALSE FOR THE CAPITAL ASSET PRICING MODEL (CAMP)? A- CAPM CAN BE USED TO FORECAST AN EXPECTED RETURN OF INDIVIDUAL SECURITY. B- CAPM IS BASED ON FUNDAMENTAL ANALYSIS C- CAPM IS BASED ON THE POSITIVE RELATION BETWEEN RISKS AND RETURNS D- CAPM ASSUMES THAT ONLY SYSTEMATIC RISK IS REWARDED IN THE MARKET AND UNSYSTEMATIC RISK CAN BE DIVERSIFIED BY MAKING PORTFOLIO WHICH ONE IS FALSE? A- THE RISK MEASURE IN CAPM IS THE BETA. B- A HIGHER RISK MEASURE MEANS THAT INVESTORS REQUIRE MORE RETURN C- THE RISK IS MEASURED BASED ON THE RELATION BETWEEN MARKET PORTFOLIO RETURN AND INDIVIDUAL SECURITY RETURN D- TO MEASURE THE RISK, CAPM ASSUMES A POSSIBILITY OF MISPRICING THE MARKET WHAT INCOME MEASURMENT APPROACH IS COMPREHENSIVE INCOME BASED? A- TRADITIONAL ACCOUNTING TRANSACTION B- REVENUE RECOGNITION APPROACH C- CAPITAL MAINTANACE APPROACH D- CASH-BASED WHICH ONE IS FALSE? A- IASB HAS NO ENFORCEMENT AUTHORITY FOR COMPANYS ADOPTION OF INTENATIONAL ACCOUNTING STANDARDS B- FASB IS NOT A MEMBER OF IASB C- ON DEC 17, 2003, IASB PUBLISHED THE REVISED INTERNATIONAL ACCOUNTING STANDARDS D- TO LIST THEIR SEDURITIES IN THE US MARKETS ALL OF FOREIGN COMPANIES MUST RECAST THEIR FINANCIAL STAMENTS BASED ON INTERNATIONAL ACCOUNTING STANDARDS WHICH ONE IS FALSE A- AFENCI THEORY IS BASED ON THE ASSUMPTION THAT A CONFLICT OF INTEREST EXIST BETWEEN THE OWNERS OF A FOIRM AND THE MANAGERS B- SFAC N0.1 SUGGESTS THAT FINANCIAL REPORTING SHOULD PROVIDE THE INFORMATION FOR THE POTENTIAL AGENCY COSTS OF THE FIRM C- THE AGENCY RELATION IS DEFINED AS A RELATIONSHIP BY CONSENT BETWEEN TWO PARTIES WHERBY ONE PARTY AGREES TO ACT ON BEHALF OF THE OTHER D- GENERALLY COMPANIES AGENCY COSTS ARE NOT CONTROLLED BY COMPANIES THEMSELVES WHICH ONE IS NOT A MAIN OBJECTIVE REPORTING ON SFAC 1? A- TO PROVIDE INFORMATION FOR CUSTOMERS RELATIONSHIP MANAGEMENT B- TO PROVIDE INFORMATION FOR EVALUATING MANAGEMENT STEWARDSHIP AND PERFORMANCE C- TO PROVIDE INFORMATION FOR ASSESSING CASH-FLOW PROSPECTS D- TO PROVIDE INFORMATION FOR MAKING INVESTMENT AND CREDIT DECISIONS WHICH ONE IS FALSE A- THE FUNDAMENTAL ANALYSIS IS TO FIND MISPRICED IN THE MARKET B- THE FUNDAMENTAL ANALYSIS HEAVILY DEPENDS ON THE ACCOUNTING AND FINANCIAL INFORMATION C- FUNDAMENTAL ANALYSIS IS BASED ON THE EFFICIENT MARKET HYPOTHESIS IN THE MARKET WHAT FORM OF EMH HAS BEEN GENERALLY SUPPORTED A- STRONG B- SEMISTRONG C- WEAK