Añ áččóuntänt häs débitéd àš àššēt account for P1,000 and credited a liability account for P500. Which of the following would be an incorrect way to complete the recording of the transaction? credit an asset account for P500 credit another liability account for P500 credit an owner's equity account for P500 debit an owner's equity account for P500 Accrue revenue is received and recorded as a liability before it is earned earned and recorded as a liability before it is received earned but not yet received or recorded earned and already received and recorded

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Market Efficiency

Market efficiency refers to the market's ability to provide investors with all available information about investment options for buying and selling securities. Market efficiency reflects the true value of securities without undervaluing or overvaluing them. When the quality and quantity of information increase, the market becomes more efficient, allowing it to reduce arbitrage and obtain higher market returns from investment. In a well-functioning market, everyone receives all information completely and immediately at no cost. It opens up a plethora of opportunities for investors to access various investment options.