What does the premise of agency theory fail to recognize?
a. Shareholdings may be owned by major institutional investors such as pension funds
b. Owners and managers are not sharply separated and distinct entities because firms can grant managers stock options to avoid the so-called agency problem
c. Owners can exert control over management by voting them out
d. All of the above
b. Owners and managers are not sharply separated and distinct entities because firms can grant managers stock options to avoid the so-called agency problem
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How will the payee of the promissory note record the note on its books?
a. The promissory note will be recorded as an asset. b. The promissory note will be recorded as a liability. c. The promissory note will be recorded as revenue. d. The promissory note will be recorded as an expense.
The post-closing trial balance would not include which of the following accounts?
a. Unearned Legal Fees b. Dividends c. Accumulated Depreciation–Office Equipment d. Retained Earnings
Glynn’s work involves helping employees with stress management and designing the employee assistance program to help employees cope with job demands. Glynn’s human resource management specialty is ______.
A. ethics and sustainability B. safety and security C. training and development D. staffing
What is the difference between nationalization and expropriation?
What will be an ideal response?