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:

Analysis Of Data

The process of inspecting, cleansing, transforming, and modeling data with the goal of discovering useful information and supporting decision-making.

Interaction Effect

Occurs when the effect of one independent variable on the dependent variable varies depending on the level of another independent variable.

Factorial ANOVA

A statistical test used to determine if there are any statistically significant differences between the means of three or more independent groups, based on multiple factors.

Main Effect

The direct influence of an independent variable on a dependent variable in an experimental design.