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01-06-2023
Business

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Select the true statement about the concept of agency cost. An agency cost is a variable cost to an organization that has yet to be approved by the principal. An agency cost is a cost to an organization that is inversely related to the organization's assumption of risk. An agency cost is one that is incurred when bondholders raise the interest rate on a bond. An agency cost is one that is incurred when an agent's actions deviate from the principal's interests

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