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To align the interests of managers and stakeholders, the text argues that: owners must design systems to monitor and reward management behavior that increases the
To align the interests of managers and stakeholders, the text argues that: owners must design systems to monitor and reward management behavior that increases the firm's profits O no employee incentives are needed in non-profit organizations O managers act in their own interests managers naturally seek to maximize shareholders' wealth Which of the following would the text state is not true? Nonaccounting measures, such as defect rates are often more timely than accounting reports. O Financial measures should not be under the control of the people being monitored. O Every decision should be ratified O Accounting effectively reports the opportunity cost of decisions
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