If the Financial Reporting Environment Were Unregulated,disclosure Would Occur Voluntarily

Multiple Choice

If the financial reporting environment were unregulated,disclosure would occur voluntarily

A) as long as other companies in the reporting company's industry voluntarily disclosed financial information.
B) only to analysts that the company believes will report favorably on the company's prospects.
C) only when managers wanted to raise additional capital.
D) as long as the incremental benefits to the company from supplying financial information exceeded the incremental costs of providing the information.