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9. The widespread use of accounting-based incentives to determine executive compensation is controversial for which one the following reasons? a. Earnings growth automatically increases shareholder

9. The widespread use of accounting-based incentives to determine executive compensation is controversial for which one the following reasons?

a. Earnings growth automatically increases shareholder value.

b. Accounting based incentive plans can encourage managers to adopt a long-term business focus.

c. Executives can use their discretion over the accounting policies.

d. Managers do not have accounting flexibility.

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