What theory on the outcomes of providing accounting information attempts to answer the question: What is an individual's expected benefit from a particular course of action?
A) Agency theory
B) Efficient markets
C) Fundamental analysis
D) Capital asset pricing model

Question

Quizplus · Accepted Answer

Agency theory attempts to answer the question of what an individual's expected benefit is from a particular course of action by considering the relationship between the principal and the agent.

What Theory on the Outcomes of Providing Accounting Information Attempts