alleryMatch the pairs: 1. Owner: p. Principal 2. Chief: q. Agent role 3. Auditor: r. Monitor
A1-p, 2-q, 3-r
B1-p, 2-r, 3-q
C1-q, 2-p, 3-r
D1-r, 2-p, 3-q
Answer & Solution
Correct answer: A. 1-p, 2-q, 3-r
Shareholders are principals, chief executives serve as agents, and external auditors act as monitors.
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