According to the Efficient Market Hypothesis as It Relates to Goodwill

Multiple Choice

According to the efficient market hypothesis as it relates to goodwill,

A) share prices do not accurately reflect all publicly available information.
B) accounting treatment of intangibles is not as important as the disclosure of information on how they are accounted for.
C) goodwill should be set up as an asset and amortized.
D) goodwill should be written off to reserves.