Which One of the Following Statements Is TRUE

question 18

Multiple Choice

Which one of the following statements is TRUE?

• A) a manager not closing a factory that is losing money but which is in his hometown is an example of a manager-shareholder conflict.
• B) management is said to be entrenched when the senior managers are consuming excessive perquisites
• C) a company's matching contribution to a retirement plan is a nonpecuniary benefit.
• D) company sponsorship of a local charity is an example of a nonpecuniary benefit.
• E) a manager/shareholder agency conflict arises when shareholders sell their stock even though management says the stock is undervalued.

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Definitions:

Nutrients

Substances obtained from food and used by our bodies to promote growth, maintenance, and repair.

Atrioventricular Valve

Heart valve located between an atrium and a ventricle.

Pulmonary Semilunar Valve

A valve in the heart located between the right ventricle and the pulmonary artery that prevents backflow of blood into the heart during ventricular relaxation.

Aortic Semilunar Valve

A valve in the heart situated between the left ventricle and the aorta that prevents blood from flowing back into the heart.