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    Business
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    Financial Accounting
  4. Exam
    Exam 12: Analyzing and Interpreting Financial Statements
  5. Question
    Which of the Following Mechanisms Is Least Likely to Discourage
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Which of the Following Mechanisms Is Least Likely to Discourage

Question 63

Question 63

Multiple Choice

Which of the following mechanisms is least likely to discourage management bias in the presentation of financial information?


A) Debt covenants
B) Securities regulators
C) Class action lawsuits
D) External Auditors

Correct Answer:

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