Question: According to efficient contracting theory, what role does financial accounting information play? Question 9 options: A) It facilitates manager shirking. B) It creates information asymmetry

According to efficient contracting theory, what role does financial accounting information play? Question 9 options: A) It facilitates manager shirking. B) It creates information asymmetry between contracting parties. C) It moderates information asymmetry between contracting parties. D) It increases the flexibility of managers in choosing accounting policies

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