Are these correct?
1. Agency theory examines the relationship between the?
shareholders and the firm's transfer agent.
2. Proper risk-return management means that?
the firm must determine an appropriate trade-off between risk and return.
3. Which of the following is an outflow of cash??
the payment of cash dividends
4. The primary disadvantage of accrual accounting is that?
it does not match revenues and expenses in the period in which they are incurred.