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Basic Question 5 of 6

Internal (operational) efficiency means that a market ______

A. has low transaction costs for buyers and sellers.
B. is highly automated, and few persons are required to operate the market.
C. can process a large number of transactions during a trading session.
D. reports prices of completed trades in a quick and timely manner.

User Contributed Comments 2

User Comment
Creg operation = cost
soarer1 nice one
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You have a wonderful website and definitely should take some credit for your members' outstanding grades.
Colin Sampaleanu

Colin Sampaleanu

Learning Outcome Statements

describe characteristics of a well-functioning financial system

CFA® 2024 Level I Curriculum, Volume 3, Module 1.