Which of the following is true concerning the pressures for information disclosure?
A) Companies are not overly concerned about the demand for disclosure due to increasing sophistication of information systems.
B) The internationalization of capital markets is leading to the demand for more comparable information.
C) Corporate annual reports contain sufficient information for all user groups.
D) The simplification of information is leading to greater understandability of financial statements.
Correct Answer:
Verified
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