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What is the primary implication of the finding that net income explains only a small part of the variation in security prices? Question 14 options:

What is the primary implication of the finding that net income explains only a small part of the variation in security prices? Question 14 options: A) Financial statements are irrelevant for investors B) There is room for improvement in the information content of financial statements C) Investors should rely solely on historical cost accounting D) Auditors are responsible for the low value relevance of financial statements

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