Which Statement Best Explains the Relationship Between the Efficient Securities

question 4

Multiple Choice

Which statement best explains the relationship between the efficient securities market hypothesis and accounting?

• A)Security prices adjust slowly when accounting reports are publicly released.
• B)The timeliness of accounting information is irrelevant to securities markets.
• C)Accounting information competes with other sources of information.
• D)Security prices are unaffected when accounting reports are publicly released.

---

Definitions:

Systolic Pressure

The pressure in the arteries when the heart beats and the ventricles are pumping blood.

Aneroid Sphygmomanometer

A type of blood pressure monitor that uses a gauge without liquid (aneroid) to measure blood pressure.

Axillary Thermometer

A thermometer designed for measuring body temperature by placing it in the armpit (axillary area).

Systolic

Pertaining to the phase of the heartbeat when the heart muscle contracts and pumps blood from the chambers into the arteries.