QUESTION 20 Which of the following would NOT be a potential problem with managerial behavior? Massage information releases or manage earnings to avoid revealing bad news. Reject risky negative NPV projects to avoid looking bad if project fails; take on risky positive NPV projects to try and hit a home run. Avoid returning capital to investors by making excess investments in marketable securities or by paying too much for acquisitions. Avoid difficult decisions (e.g., close plant) out of loyalty to friends in company. Consume too many nonpecuniary benefits