(Solved): 1 Multiple Choice 1 point Information asymmetry refers to The principal having more information abou ...

1 Multiple Choice 1 point Information asymmetry refers to The principal having more information about the "true" financial position and results of operations of a company compared to the agent. The independent external auditor having more information about the "true" financial position and results of operations of a company compared to the agent. The principal having more information about the "true" financial position and results of operations of a company compared to independent external auditor. The agent having more informultion about the 3 trued financial position and results of operations of a company compared to the principal.