Which of the Following Is NOT an Important Role for Accounting

question 3

Multiple Choice

Which of the following is NOT an important role for accounting in the agency relationship?

• A) Identifying excessive perquisite consumption
• B) Signalling good news to the market
• C) Determining performance
• D) Protecting lenders' interests

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Definitions:

Trade Barriers

Regulations or policies implemented by countries to control the import and export of goods and services.

Import Quotas

Limits set by a government on the quantity or value of certain goods that can be imported into a country.

Domestic Producers

Companies or individuals that produce goods and services within their own country.

Government

Government is the organized system or institution that governs and implements decisions, laws, and policies in a nation, state, or community.