Which of the Following Is Not a Negative Consequence of Regulating

question 43

Multiple Choice

Which of the following is not a negative consequence of regulating accounting?

• A)A wealth transfer from non-users to users of accounting information.
• B)The imposition of disclosure costs on the users of financial information.
• C)A potential overallocation of social resources to the production of free, publicly available accounting information.
• D)Benefits are received by the users of free accounting information while non-users implicitly incur the production costs.

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Definitions:

City Field

A form or database field specifically designated for entering the name of a city.

Criterion

A standard or rule by which something is judged or decided.

Book Rep Number

A unique identifier assigned to a book representative or dealer for tracking purposes and identification.

Sort Key

A specific field or column used to organize data in a specific order when sorting.