Auditors attempt to reduce information asymmetry between a firm's managers and its
A) customers.
B) owners.
C) employees.
D) competitors.

Question

Quizplus · Accepted Answer

Auditors attempt to reduce information asymmetry between a firm's managers and its owners by providing an independent and objective assessment of the financial statements. This helps owners make informed decisions about the company's financial health and future prospects.

Auditors Attempt to Reduce Information Asymmetry Between a Firm's Managers