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Which of the following statements reflects the meaning of agency theory? Select one: a. The auditors are the agents of shareholders and report to them
Which of the following statements reflects the meaning of agency theory?
Select one:
a. The auditors are the agents of shareholders and report to them on the F/S prepared by directors
b. The auditors are the agents of the directors and address their audit to the general public
c. The directors are the agents of shareholders and are accountable to the tax authorities for their stewardship of the companys assets
d. The auditors are the agents of government and report to the directors on the accuracy of the F/S
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