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Which of the following is not an example of a principal-agent relationship?
Invoice
A document issued by a seller to a buyer, indicating the products or services provided and the amount due.
Accrued Wages
Compensation that employees have acquired through work but still awaits disbursement by the employer.
Wages Expense
The total cost incurred by a company for the compensation of its employees, excluding benefits and bonuses.
Wages Payable
A liability account that records the amounts owed to employees for work that has been performed but not yet paid.
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