ACC 333

Arizona School Of Real Estate And Business

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ACC 333 EXAM 1 COMPLETE REVIEW STUDY GUIDE 2024
  • ACC 333 EXAM 1 COMPLETE REVIEW STUDY GUIDE 2024

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  • ACC 333 EXAM 1 COMPLETE REVIEW STUDY GUIDE 2024 principle-agent relationship - ANS-when an owner or someone responsible for an asset (principal) delegates the control of said asset to another party who has a greater knowledge base principal-agent problem - ANS-a problem caused by an agent pursuing his own interests rather than the interests of the principal who hired him agency costs - ANS-the sum of incentive costs, monitoring costs, enforcement costs, and individual financial losses i...
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