as firm size increases, share prices incorporate information from wider number of sources

Select one: True False

Results of CMR - relative magnitudes of cash and accruals. the following statement is true:

a. the reaction in capital market is just on cash basis information

b. No reaction in the capital markets on both cash and accrual basis

c. the reaction in capital markets is on both cash and accrual components of information

d. the reaction in capital market is on just the accrual basis information