Which of the following does NOT describe a cause of management bias?
A. the need to comply with contracts, such as debt covenants
B. the desire to meet financial analysts’ expectations
C. the tendency to downplay negative events
D. the desire for all stakeholders to have access to all information
Answer:D
Which of the following does NOT describe a cause of management bias?
A. the need to comply with contracts, such as debt covenants B. the desire to meet financial analysts’ expectations C. the tendency to downplay negative events D. the desire for all stakeholders to have access to all information