Which of the Following Is Not a Reason So Many

question 16

Multiple Choice

Which of the following is not a reason so many studies have focused on market responses to earnings announcements?

• A) Earnings data is unbiased.
• B) Earnings data is readily available.
• C) Earnings data is important to shareholders.
• D) Earnings data is the primary purpose of financial reporting.

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Definitions:

Negative Attitude

A general disposition of being discontent or pessimistic towards people, situations, or life in general, often resulting in adverse outcomes.

Older People

Persons of advanced age, often considered to be those who have lived beyond the average lifespan of human beings, and who experience unique social, economic, and health-related challenges.

Ethnic Group

A community or population made up of people who share a common cultural background or descent.

Own Group

The social group to which a person identifies or belongs, often influencing one's beliefs, behavior, and perceptions of others.