Positive accounting theory suggests that the separation of ownership and control within an entity means managers,...

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Positive accounting theory suggests that the separation of ownership and control within an entity means managers, as agents, are likely to act: O a. in the interests of the directors O b. in the inteests of the debtholders Oc. in the interests of the shareholders Od. in their own interests Positive accounting theory suggests that the separation of ownership and control within an entity means managers, as agents, are likely to act: O a. in the interests of the directors O b. in the inteests of the debtholders Oc. in the interests of the shareholders Od. in their own interests

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ANSWER IS d in their own interests EXPLANATION Positive ... View the full answer