Use the Following Statements to Answer the Question

question 13

Multiple Choice

Use the following statements to answer the question:
I.Increasing disclosure of information about the firm enhances transparency in the market.
II.Disclosure enhances the understanding of a firm's actions, hence it increases the efficiency of the market.

• A)I is incorrect, II is correct.
• B)I is correct, II is incorrect.
• C)I and II are incorrect.
• D)I and II are correct.