Which is not an example of a sanction resolution

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Problem 1: Under Agency Theory which of the following is not an example of a "sanction" resolution mechanism.

A. A requirement for Board Approval for an acquisition

B. Unannounced site visit to a franchisee

C. A restrictive debt covenant for a bank loan

D. A requirement for expense claims to be approved by the finance department

Problem 2: In a multi-product environment, when deciding if a product should be discontinued:

A. Direct fixed costs are relevant

B. Common fixed costs are relevant

C. All fixed costs are relevant

D. All fixed costs are irrelevant

Reference no: EM132744950

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