Question: 11- which one is false? A) the agency is defined as a relationship by consent between two parties, whereby one party agrees to act on

11- which one is false?

A) the agency is defined as a relationship by consent between two parties, whereby one party agrees to act on behalf of the other

B) Agency theory assumes that a conflict of interest exists between the owners of a firm and the managers

C) Generally agency cost of a firm are nor controlled by firm itself

D) Financial reporting should provide the information for the potential agency cost of the firm

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