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The agency problem is illustrated by which one of the following? Poir A The firm creates a management bonus program whereby managers are rewarded when

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The agency problem is illustrated by which one of the following? Poir A The firm creates a management bonus program whereby managers are rewarded when sales increase. B Management expands its operations overseas which is favourably received by the financial markets. C An employee offers a suggestion which will save the firm money and reduce the stress of his job. D Management accepts a merger which was desired by the shareholders

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