Which of the following are not assumptions of technical analysis?     All information is already included in prices     History tends to repeat itself     Even random market price movements move in identifiable patterns and trends that repeat over time     Fundamental analysis is inherently flawed and thus not useful

Auditing: A Risk Based-Approach (MindTap Course List)
11th Edition
ISBN:9781337619455
Author:Karla M Johnstone, Audrey A. Gramling, Larry E. Rittenberg
Publisher:Karla M Johnstone, Audrey A. Gramling, Larry E. Rittenberg
Chapter9: Auditing The Revenue Cycle.
Section: Chapter Questions
Problem 19CYBK: Which of the following statements is false regarding planning analytical procedures in the revenue...
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Which of the following are not assumptions of technical analysis?

   

All information is already included in prices

   

History tends to repeat itself

   

Even random market price movements move in identifiable patterns and trends that repeat over time

   

Fundamental analysis is inherently flawed and thus not useful

 

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