Examlex
Which one of the following statements does not require any adjustment to a company's accounts?
Agency Problem
A conflict of interest inherent in any relationship where one party is expected to act in another's best interests.
Horizon Problem
A situation where the time horizon for decision making by managers is shorter than the long-term interest of the company, often due to differing objectives.
Positive Synergies
The beneficial effects or outcomes that result from the cooperation or merger of two or more entities or processes.
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