2. With respect to agency relationships, which of the following is true regarding the compensation plan? a. The compensation plan is best structured as salary with penalties is the manager has poor performance b. The compensation plan is used as an attempt to control, perhaps even minimize, agency costs. The compensation plan is used as an attempt to get the cheapest price for management. d. The compensation plan is used to link together the objectives of managers and bondholders. e. A performance bonus is bad because it makes managers' incentives too short term.