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Which ONE of the following situations is most likely to create an agency cost? O a. None of the answers are correct. O b. Hiring

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Which ONE of the following situations is most likely to create an agency cost? O a. None of the answers are correct. O b. Hiring an independent consultant to study the operating efficiency of the company. O C. Giving all employees a bonus if a certain level of stock price has been achieved. O d. Compensating a manager based on company's end of the year net income. e. Foregoing a profitable/risky project to protect manager's jobs

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