Which of the following is a disadvantage of share ownership? Select one: a. Shares are liquid (can be converted to cash quickly). b. Information is widely available in the news and financial media. c. Transaction costs are low. d. Valuation is difficult.
Which of the following is a disadvantage of share ownership? Select one: a. Shares are liquid (can be converted to cash quickly). b. Information is widely available in the news and financial media. c. Transaction costs are low. d. Valuation is difficult.
Cornerstones of Financial Accounting
4th Edition
ISBN:9781337690881
Author:Jay Rich, Jeff Jones
Publisher:Jay Rich, Jeff Jones
ChapterA2: Investments
Section: Chapter Questions
Problem 3MCQ
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Question
Which of the following is a disadvantage of share ownership?
Select one:
a.
Shares are liquid (can be converted to cash quickly).
b.
Information is widely available in the news and financial media.
c.
Transaction costs are low.
d.
Valuation is difficult.
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