Choices Between Various Accounting Methods Should Not Affect Stock Prices

Multiple Choice

Choices between various accounting methods should not affect stock prices if

A) and only if the financial markets are strong form efficient.
B) the financial market is weak form efficient and the investors are at least somewhat rational.
C) the markets have recently experienced the bursting of a market bubble.
D) companies consistently select the most conservative of the allowable methods.
E) markets are at least semistrong form efficient and firms provide sufficient information so investors can analyze those choices.