In the situation where a contractual arrangement has been negotiated that provides managers with a bonus based on the profits generated by the entity: 07 a. the underlying premise of PAT is that agents (managers) aim to act in the best interests of the organisation, so the bonus is recognition of those efforts. b. the opportunistic perspective predicts that managers will seek to adopt accounting methods that best reflect the performance of the organisation C the efficiency perspective identifies this as a way of minimising agency costs by aligning the interests of the principal and the agent d. the efficiency perspective identifies this as a way of minimising agency costs by aligning the interests of the principal and the agent and the opportunistic perspective predicts that managers will seek to adopt accounting methods that best reflect the performance of the organisation tri a market where individuals are perfectly informed: a. there are no monitoring costs as managers will not risk acting in their own self-interests. b. it could be assumed managers would ultimately bear costs associated with bonding and monitoring C managers will receive a higher salary as principals will assume that managers will act opportunistically d. principals will bear the costs of bonding and monitoring so that they can remain informed