Agency costs include all of the following EXCEPT

Name: Agency costs include all of the following EXCEPT
Brand: Quizplus
Rating: 4.8 (59 reviews)

Question

Quizplus · Accepted Answer

Agency costs are costs incurred by a company to prevent or reduce conflicts of interest between its shareholders and managers. These costs include bonding and structuring expenses, monitoring expenditures, and opportunity costs. The cost of goods sold is not an agency cost. It is a cost incurred by a company to produce and sell its products or services.

Agency Costs Include All of the Following EXCEPT