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13-01-2022
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The information asymmetry role of accounting is associated with Multiple choice question. determining the amount of bonuses to be paid to managers. paying the appropriate amount of commission to a salesperson communicating private information to people outside the company. ensuring that the company complies with the terms of its loans.

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ewomazinoade ewomazinoade

25-01-2022

The information asymmetry role of accounting is associated with ensuring that the company complies with the terms of its loans.

What is information asymmetry?

Information asymmetry is when one party in a transaction has more information than the other party. This is one of the types of market failure.

An example of information asymmetry: Imagine you want to buy a phone. The seller knows the phone is faulty but he does not disclose this information to you.

To learn more about information asymmetry, please check: https://brainly.com/question/4635258

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