Which of the Following Is Not a Rationale for Regulating

question 23

Multiple Choice

Which of the following is not a rationale for regulating financial accounting information?

• A) To protect users from fraudulent or misleading information.
• B) A market for information without regulation is inefficient, and may result in the production of a sub-optimal amount of information.
• C) To assist management with better information, and to provide reports for use by management and parties within the organisation.
• D) To ensure equal access to information by all interested parties, including those that have limited power to demand it.

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Definitions:

Cryosurgery

A surgical technique that uses extreme cold to destroy abnormal or diseased tissue.

Autograft

A graft of tissue taken from one site and transplanted to another site on the same individual's body.

Avulsion

The action of pulling or tearing away, often used in medical contexts to describe the forceful separation of a body part.

Cryosurgery

A medical procedure that uses extreme cold to destroy abnormal or diseased tissue, including cancers.