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11- which one is false? A) the agency is defined as a relationship by consent between two parties, whereby one party agrees to act on
11- which one is false?
A) the agency is defined as a relationship by consent between two parties, whereby one party agrees to act on behalf of the other
B) Agency theory assumes that a conflict of interest exists between the owners of a firm and the managers
C) Generally agency cost of a firm are nor controlled by firm itself
D) Financial reporting should provide the information for the potential agency cost of the firm
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