In agency theory, risk is:
A) the relationship between cost and perceived benefit
B) the probability that a desired outcome may not be achieved
C) the possibility that performance will be measured incorrectly
D) the influence of uncontrollable factors on a manager's performance

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The Answer of In agency theory, risk is:
A) the relationship between cost and perceived benefit
B) the probability that a desired outcome may not be achieved
C) the possibility that performance will be measured incorrectly
D) the influence of uncontrollable factors on a manager's performance

In Agency Theory, Risk Is