Only firms that perform well have incentives to report their operating results.

Name: Only firms that perform well have incentives to report their operating results.
Brand: Quizplus
Rating: 4.9 (57 reviews)

Question

Quizplus · Accepted Answer

This statement is incorrect. All firms, regardless of their performance, are required to report their operating results to regulatory bodies and stakeholders. In fact, firms that do not perform well may have even greater incentives to report their operating results accurately in order to regain trust and attract investors.

Only Firms That Perform Well Have Incentives to Report Their