Word Table Tools View Developer Design Layout Paragraph AaBbCc AaBbCcl AaBbC AaBbCc AaB Normal No Spaci... Heading 1 Heading 2 Title Styles 15-"The underlying assumption that the capital markets react in an efficient and unbiase manner to publicly available information andthat stocks prices completely mirrors the accessible information' is: A-Efficient markets hypothesis B-Positive accounting theory C-Agency theory D-Political cost hypothesis 16-The field of study which deal with the mechanisms of restricting the consequences of the conflict of interest by the executives is referred to as A-Corporate governance B-Corporate management C-Corporate risk management D-None of the above is correct 17- The matching principle in accounting is sometimes called: A-Expense recognition principle B-Revenue recognition principle C-Current value measures principle D-Fair value measures principle 18-The accounting principle that identifies which expenses to be allocated to a particular accounting period is: A-Revenue recognition principle B-Expense recognition principle C-Matching principle D-Both B & C are correct answers 19- The attempt to influence short term reported income is A-Earnings quality B. Physical capital maintenance C-Eamings management D-None of the provided answers is correct one 20. DeFond and liamhalen (1994) find that sample firms accelerate earnines nrior to hp EN