Question

In security-price research, which of the following is an indirect consequence of an accounting policy change?...

In security-price research, which of the following is an indirect consequence of an accounting policy change?

Group of answer choices

a.The value of the firm is affected through an effect on cash flow.

b.The value of the firm is affected through an effect on net income.

c.The value of the firm is affected through an effect on owners.

d.The value of the firm is not affected.

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Answer #1

Answer : option C

The value of the firm is affected through effect on owners.

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