Multiple Choice
Evidence suggests that credit-rating agencies ________ exploited conflicts of interest because ________.
A) have not;it would cause their ratings to lose credibility and thus have a lower value in the marketplace
B) have not;they would have an increase in profits in the long-run
C) have;it would cause their ratings to lose credibility and thus have a lower value in the marketplace
D) have;they would have an increase in profits in the long-run
Correct Answer:

Verified
Correct Answer:
Verified
Q18: Reputational rents refer to<br>A)the profit earned by
Q19: Under the Global Legal Settlement of 2002,the
Q20: Under the Sarbanes-Oxley Act of 2002,the clause
Q21: The Dodd-Frank Wall Street Reform and Consumer
Q22: The Dodd-Frank Wall Street Reform and Consumer
Q24: A type of _ problem that occurs
Q25: Which of the following is a part
Q26: If the incentive to take advantage of
Q27: The incentive for analysts in investment banks
Q28: Advice on taxes,accounting or management information systems,and