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Which of the following is not an example of frivolous agency costs? A Excessive perks B Hiring external auditors to certify accounting statements despite having

Which of the following is not an example of frivolous agency costs?

A

Excessive perks

B

Hiring external auditors to certify accounting statements despite having internal auditors

C

The use of expensive corporate jets for directors trips

D

Expensive champagne served at board meetings

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