While Awaiting a Meeting in His Firm's Boardroom, the Senior

Multiple Choice

While awaiting a meeting in his firm's boardroom, the senior partner, Bill Goldsworthy, read the following statement in an article in the Globe & Mail: "The greater the perceived quality of the information contained in the financial statements, the more likely it will be relied upon by the users of that information." This statement best describes

A) the expectations gap
B) agency theory
C) information hypothesis
D) insurance hypothesis