Which of the following is an example of agency costs?

A) cost of labor
B) raw material cost
C) monitoring expenditures cost
D) factory rent

C

Business

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How are anticipated administrative expenses reported on a statement of financial affairs?

A. As a footnote until actually incurred. B. As a liability with priority. C. As a partially secured liability. D. As an unsecured liability.

Business

Passing the national portion of the state exam is equal to 24 hours of continuing education.

a. true b. false

Business