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Net income is regularly used as a measure of manager effort in agency contracts. Explain why net income is not fully informative about manager effort.
Net income is regularly used as a measure of manager effort in agency contracts. Explain why net income is not fully informative about manager effort. (5 marks
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Global Financial Accounting And Reporting Principles And Analysis
Authors: Peter Walton, Walter Aerts
2nd Edition
1408017725, 978-1408017722
