C214 OA 2023

 Thestock price of a companyincreases and the market is deemed efficient. What assumption can be made?A. A new, patented, product was introduced to the market. B. New machinery was purchased with a useful lifeof 20 years. C. Management isoptimizing itsresources and operating efficiently. D. Management hired new employees and invested in a training program.  Which statement istrue about how the global market affectsthe U.S. A. A bad optionstradeexecuted by a foreign subsidiaryof a Wall Street bank will affect layoffsoverseas. B. A Bad derivativestradeexecuted by a foreign subsidiaryof a Wall Street bank will affect layoffsoverseas. C. American investors and fund managers make decisions based on financial reporting standards developed andfinancial statements audited overseas. D. Foreign investors and fund managers make decisions based on financial reporting standards developed andfinancial statements audited overseas