Which of the Following Arguments Is Used in Support of Reducing

question 12

Multiple Choice

Which of the following arguments is used in support of reducing accounting regulation?

• A) Accounting information is like any other good, and the forces of supply and demand should be allowed to operate so that the optimal amount of accounting information is produced.
• B) The capital market operates quite efficiently, and will impose penalties on managers who elect to provide biased information about an organisation's financial performance and position.
• C) Individuals act in their own self-interest and will use the given regulation to maximise their own wealth.
• D) All of the given options are correct.

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Definitions:

DNA Polymerase

A catalyst that constructs DNA strands using deoxyribonucleotides as the foundational components of DNA.

DNA Ligase

Enzyme that catalyzes the joining of the 5′ and 3′ ends of two DNA fragments; essential in DNA replication and used in recombinant DNA technology.

Excision Repair Enzymes

A class of enzymes involved in the repair of DNA by recognizing and removing damaged or mismatched nucleotides, followed by filling in the correct sequences.

UV Rays

Short-wavelength ultraviolet radiation that is not visible to the human eye, capable of causing skin burns, eye damage, and other health issues.