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So they update the renewals at intervals.
NEW QUESTION: 1
Answer:
Explanation:
Explanation
References:
https://docs.microsoft.com/en-us/azure/site-recovery/site-recovery-role-based-linked-access-control
NEW QUESTION: 2
Which of the following statements about agency theory is TRUE?
A. A company that pays fixed salaries with no variable compensation schemes likely has little agency conflict.
B. Encouraging managers to take on high-risk projects aligns their goals with that of bondholders.
C. Restrictive debt covenants reduce the conflict between stockholders and managers.
D. An agency relationship is created when the board of directors appoints a new Chief Financial Officer.
Answer: D
Explanation:
Explanation/Reference:
Explanation:
An agency relationship is created when decision-making authority is delegated to an agent without the agent being 100% responsible for the consequences of her decisions. Here, unless the Chief Financial Officer owns 100% of the firm, she has an agency relationship with the company.
Stockholders and managers both benefit from risky projects that increase profitability and firm value.
However, bondholders bear the risk of bankruptcy. Thus, encouraging managers to take on high-risk projects does not help to align their goals with that of creditors. A company that pays fixed salaries with no variable compensation schemes is not set up to reduce agency conflict. Without managerial compensation plans that motivate managers to act to increase stock price, stockholders and managers may have disparate goals.
NEW QUESTION: 3
A. Option D
B. Option A
C. Option B
D. Option C
Answer: C
Explanation:
Referencehttp://pegasystems2.http.internapcdn.net/pegasystems2/lrd_and_reference_doc s/SSA_716_StudentGuide_20150211.pdf(page 251)
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