Which of the Following Is Not an Argument for Regulation

question 4

Multiple Choice

Which of the following is not an argument for regulation of accounting information by pro-regulation proponents?

• A) Regulation is needed because it is difficult to make 'free riders' pay for its production
• B) Regulation is needed to prevent wasteful over-supply, because users will overstate their need for information if they do not have to pay for it
• C) Regulation is needed to correct market failure and under-supply due to the reluctance of producers of information to charge 'free riders' for it
• D) Regulation is needed because the price system cannot function properly if it is not possible to exclude non-purchasers from consuming the good

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Definitions:

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Cultural Values

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