Which of the following is NOT true regarding agency costs and agency problems? Group of...
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Finance
Which of the following is NOT true regarding agency costs and agency problems?
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The cost of video cameras installed in stores to limit shirking by managers is a direct agency corporation
A number of features of a modern economy moderate the potential impact of agency costs.
A store manager purchases a corporate jet without authorization. This is an example of a direct agency cost.
The potential for agency problems are larger in a corporation than in a sole proprietorship.
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