Which accounting theory is concerned with the study

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Problem 1: Which accounting theory is concerned with the study of how a contract motivates a rational manager to act on behalf of the owners of the company when the manager's interests conflict with those of the owners?

a) Agency theory.

b) Positive accounting theory.

c) Accounting policy theory.

d) Economic consequences theory.

e) Efficient securities market theory.

Reference no: EM132785160

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