Question

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

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

Answer 1

I didn't understand ur question.

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