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Proponents of the Free-Market Approach to the Provision of Accounting

Question 2

Multiple Choice

Proponents of the free-market approach to the provision of accounting information advocate that:


A) Market mechanisms cannot achieve a socially ideal equilibrium price for accounting information
B) Market forces can be depended upon to generate any desired information
C) The free-rider effect will result in an under-production of accounting information
D) All of the above

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