Which of the Following Is $\underline{not}$ True Regarding Capital Market Research?
A)Studies Have Found a Low

Which of the following is $\underline{not}$ true regarding capital market research?

A) Studies have found a low correlation between the variability of accounting earnings and beta.
B) Studies have found a strong association between accounting-based ratios and the market measure of risk.
C) Studies have found that supplemental segment (line of business) disclosures resulted in a revision of systematic risk, indicating that such information is useful for risk assessments.
D) At least one study has found that pension information is not useful for risk assessments.