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Which of the Following Statements Concerning the Costs and Benefits

Question 18

Multiple Choice

Which of the following statements concerning the costs and benefits of financial reporting information is correct?


A) The benefits include better investment, credit and similar economic decisions.
B) The benefits result in more efficient markets and greater benefits for the economy as a whole.
C) The major constraint on reporting the absolute best information is the cost of generating that information and assuring that it is faithfully represented.
D) All of these options are correct.

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