1.According to the research undertaken to date, what is the relationship between environmental performance and disclosure of corporations?

Select one:

a. Poor performers have good disclosure, but no relationship has been found for good performers

b. Poor performers have poor disclosure, but no relationship has been found for good performers

c. Research has not drawn any clear conclusions

d. Good performers have good disclosure, but no relationship has been found for poor performers

2.A disadvantage of principles-based standards is/are:

Select one:

a. they allow accountants to use professional judgement

b. they supply broad guidelines

c. they allow managers to select policies that may not reflect the substance of a transaction

d. all of the other answers

3.Agency theory predicts that managers on compensation contracts with bonuses tied to a current measure of performance would prefer to:

Select one:

a. smooth income using either expensing or capitalising

b. expense transactions rather than capitalise them

c. be indifferent to expensing or capitalising transactions

d. capitalise transactions rather than expense them

Only answers required (asap please). No need of explanation.