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TQ.1 This question extends SQ.1 and provides an opportunity to review your understanding of how contracting theory underpins agency theory and positive accounting theory. Describe
TQ.1This question extends SQ.1 and provides an opportunity to review your understanding of how contracting theory underpins agency theory and positive accounting theory.
- Describe how accounting information is used in contracts between the shareholders and management.
- What are the implications of the nexus of contracts view of the firm for accounting policy choice?
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Managerial Accounting
Authors: Wendy M. Tietz, Louis Beaubien, Karen W. Braun
3rd Canadian edition
