Which one of the following is the best example of an announcement that is most a
ID: 2677094 • Letter: W
Question
Which one of the following is the best example of an announcement that is most apt to result in an unexpected return?A)A news bulletin that the anticipated layoffs by a firm will occur as expected on December 1
B)Announcement that the CFO of the firm is retiring June 1st as previously announced
C)Announcement that a firm will continue its practice of paying a $3 a share annual dividend
D)Statement by a firm that it has just discovered a manufacturing defect and is recalling its product
E)The verification by senior management that the firm is being acquired as had been rumored
Explanation / Answer
statement by a frim that it has just discovered a manufacturing defect and is recalling its product.
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