Multiple Choice
Which of the following is not true regarding agency theory?
A) It is also called contracting theory.
B) Its underlying assumption is that individuals act in their own best self-interest.
C) Few agency relationships between parties may be defined or governed by accounting numbers.
D) It is concerned with the various costs of monitoring and enforcing relations among management, owners, creditors, and government.
Correct Answer:

Verified
Correct Answer:
Verified
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