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|| 15- 'The underlying assumption that the capital markets react in an efficient and unbiased manner to publicly available information and that stocks prices
|| 15- 'The underlying assumption that the capital markets react in an efficient and unbiased manner to publicly available information and that stocks prices completely mirrors the accessible information' is: A-Efficient markets hypothesis B- Positive accounting theory C-Agency theory D- Political cost hypothesis 16- The field of study which deals with the mechanisms of restricting the consequences of the conflict of interest by the executives is referred to as A-Corporate governance B-Corporate management C-Corporate risk management D-None of the above is correct 17- The matching principle in accounting is sometimes called: A- Expense recognition principle B- Revenue recognition principle C- Current value measures principle D- Fair value measures principle
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