Seeing is believing!
Before you order, simply sign up for a free user account and in seconds you'll be experiencing the best in CFA exam preparation.
Basic Question 4 of 8
In agency theory, when a corporation hires an auditor, the auditor is a(n) ______.
B. principal
C. loser
A. agent
B. principal
C. loser
User Contributed Comments 17
User | Comment |
---|---|
Masterkang | No, he is a loser! |
jasonk | I really appreciate the sense of humor occasionally shown in the questions. Go nuts otherwise. |
surob | Yep, big time loser. :) |
cp24 | Sometimes the auditor can be a lobbyist who is a loser. |
soarer1 | LOL |
miteymouse | The fact that it is unexpected just makes it so much funnier. |
soltari007 | haha good one! |
kennif | LOL!!!! |
bashg | Dont make fun of Auditors... they cant help being loser |
Gleeder | This question better be on the exam! |
sakellari | thank you guys..you made me laugh... |
idzani | Legit lol'd |
timkalt | Nice one! :) |
arom346 | I've seen auditors. Loser is not a stretch. |
mmccoy | Why isn't C correct? Need explanation. |
Freddie33 | It is correct. Auditors are losers |
PeterHaber | lmaoo |

I used your notes and passed ... highly recommended!

Lauren
Learning Outcome Statements
describe global variations in ownership structures and the possible effects of these variations on corporate governance policies and practices;
CFA® 2025 Level II Curriculum, Volume 3, Module 17.