Question: If financial reporting is questionable and, consequently, information needed by investors is not credible, then the rules for financial reporting need to be relaxed. the
If financial reporting is questionable and, consequently, information needed by investors is not credible, then
the rules for financial reporting need to be relaxed.
the reporting rules will change so companies will report less frequently.
investors will lose faith in the reliability of financial reports.
this will attract more investment activity in shares.
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