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Why is the efficient securities market hypothesis important for accounting? A. Accounting information is the only source of financial information that markets use. B. Accounting

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Why is the efficient securities market hypothesis important for accounting? A. Accounting information is the only source of financial information that markets use. B. Accounting standards can assume that the majority of market participants have a reasonable level of sophistication C. When providing financial information, management need only consider the specifically identifiable users who they know will rely on the information D. Individuals with information that is not publicly available cannot make significant profits

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