The Significant Difference Between Market Capitalization and Book Value of Companies

Multiple Choice

The significant difference between market capitalization and book value of companies like Apple Inc. holding sizeable knowledge assets or intellectual capital is an example of

A) the tradeoff between timeliness and accuracy.
B) the tradeoff between relevance and reliability.
C) the tradeoff between cost and fair value reporting.
D) the decreasing emphasis on representational faithfulness.