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The CEO of a corporation recently approved the purchase of a private jet for executive team travel. Other similar firms require their executives to use

The CEO of a corporation recently approved the purchase of a private jet for executive team travel. Other similar firms require their executives to use public transportation. This is an example of: The CEO of a corporation recently approved the purchase of a private jet for executive team travel. Other similar firms require their executives to use public transportation. This is an example of: An agency problem A non-operating CAPEX investment Executive privilege A prudent tax deduction

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