Information asymmetry

A) Refers to an imbalance of information among stockholders in a company.
B) Refers to an imbalance of information between the auditor and the management of the company.
C) Refers to an imbalance of information between stockholders and the management of the company.
D) Refers to an imbalance of information between the auditor and the stockholders of the company.

Answer: C) Refers to an imbalance of information between stockholders and the management of the company.

Business

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