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Which of the following is correct? Question 1 Answer a . Efficient capital markets promote productivity but do not encourage innovation. b . Reported accounting
Which of the following is correct?
Question Answer
a
Efficient capital markets promote productivity but do not encourage innovation.
b
Reported accounting numbers do not affect the transfer of resources.
c
Efficient capital markets promote productivity and encourage innovation.
d
Credit rating agencies use accounting information to assess only assets.
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