What Are Agency Costs

question 19

Multiple Choice

What are agency costs?

• A)Costs of the sales force
• B)Costs associated with slack effort and with the administrative controls to deter it
• C)Costs related to general and administrative expenses
• D)Costs associated with outsourcing of firm functions
• E)Costs attributed to the use of professional service firms

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Definitions:

Discount Sale

A sales promotion technique where products or services are sold at a price lower than their original price to stimulate demand.