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When an owner cannot observe unbiased net income the manager is tempted to opportunistically manage reported net income upward so as to increase current compensation Suggest reasons why the manager

When an owner cannot observe unbiased net income, the manager is tempted to opportunistically manage reported net income upward, so as to increase current compensation. Suggest reasons why the manager may not yield to this temptation.

Apr 07 2020 View more View Less

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