Which of the following is true concerning managerial incentives to disclose information? Answer a. more information increases uncertainty about financial performance b. more disclosure incr

Which of the following is true concerning managerial incentives to disclose information?

Answer

a.

more information increases uncertainty about financial performance

b.

more disclosure increases the cost of capital, causing stock prices to fall

c.

information disclosure is usually neutral

d.

more information usually helps managers get better access to external capital

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