Asymmetric information implies that ________ may have better information about a firm's cash flows than other stakeholders.
A)debt holders
B)suppliers
C)managers
D)creditors
E)shareholders

Question

Quizplus · Accepted Answer

Managers often have better information about a firm's cash flows and overall financial health than other stakeholders due to their direct involvement in the day-to-day operations and strategic planning of the company.

Asymmetric Information Implies That ________ May Have Better Information About