Which of the following is not a negative consequence of regulating accounting?

Question

Quizplus · Accepted Answer

The imposition of disclosure costs on the users of financial information is not a negative consequence of regulating accounting. Typically, the costs associated with disclosure are borne by the entities that prepare the financial statements, not the users. The users, such as investors and analysts, benefit from the availability of this information without directly incurring the costs of its production and disclosure.

Which of the Following Is Not a Negative Consequence of Regulating