Monitoring by Shareholders Is Usually Accomplished Through

question 132

Multiple Choice

Monitoring by shareholders is usually accomplished through:

• A) management consultants.
• B) government auditors.
• C) the firm's top managers.
• D) the board of directors.

---

Definitions:

Income

Funds acquired regularly as a result of work or investment ventures.

Utility Function

Represents a consumer's preferences in a way that the utility or satisfaction they get from various goods or services can be measured and compared.

Budget Constraint

A limitation on the consumption choices of individuals or households, based on their income and the prices of goods and services.

Income

Income is the amount of money or goods received, typically within a certain period, in exchange for labor, goods sold, or investment.