Which One of the Following Statements Is TRUE

question 23

Multiple Choice

Which one of the following statements is TRUE?

• A) A manager/shareholder agency conflict arises when the manager's actions aren't in the company's best interest.
• B) An agency problem occurs when an owner/manager sells stock to an outside investor and the owner/manager fears the outside investor will consume too many perquisites.
• C) An agency conflict between inside owners/managers and outside owners occurs when the outside owners sell their shares to someone else.
• D) A quarter-end bonus is an example of a nonpecuniary benefit.
• E) A company's matching contribution to a retirement plan is a nonpecuniary benefit.

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Definitions:

Prank

A mischievous act intended for amusement, often at the expense of others.

Sue

To initiate legal proceedings against an individual or entity, typically to seek remediation for a grievance or injury.

Cyberdefamation

The act of damaging someone's reputation by making false statements about them on the internet.

Electronic Devices

Gadgets powered by electricity, including computers, smartphones, and tablets, used for a variety of tasks.