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NEW QUESTION: 1
A. Option B
B. Option A
Answer: B
NEW QUESTION: 2
内部監査活動（IAA）の品質保証および改善プログラムの結果は良好であり、外部評価は過去5年以内に完了しました。 IAAがその作業を説明するために使用できるステートメントは次のうちどれですか。
A. 「外部審査機関による審査審査のための事前認定が完了しています。」
B. 「内部監査の専門的実践に関する国際基準に準拠しています。」
C. 「すべての国内および国際法規に準拠し、10年間保証される認定品質。」
D. 「国際的な外部評価基準に従って、100％の精度が保証されています。」
Answer: B
NEW QUESTION: 3
James Larson, CFA, manages a large capitalization growth mutual fund. Larson's benchmark is the Russell 1000 Growth index. Larson's colleague, Kevin Moore, CFA, manages an index fund which mimics the Russell 1000 index. Moore believes that the capital markets are fully efficient, while Larson disagrees.
Larson defends his position with the following supporting statements.
Statement 1:Market participants must be adequately compensated for processing new information to ensure the markets remain efficient. Yet a perfectly efficient market provides no incentive to sufficiently reward investors for processing new information. Hence, markets cannot be fully efficient.
Statement 2:Low trading costs have led to greater trading activity, which has had the unintended consequence of greater securities mispricing.
Are Larson's statements correct?
A. Only Statement 1 is correct.
B. Yes.
C. Only Statement 2 is correct.
Answer: A
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