While the purpose of governance mechanisms is to reduce the scope and frequency of the agency problem, they are not involved in the alignment of the interests of business-unit managers with those of their superiors. Group of answer choices True False

what is your question? 1 high schoolbusiness 5 points imagine that you have won $100 in the state lottery. you have a choice between spending the money on shopping now or putting it away in a savings account for one year. you decide to spend the money now on shopping. thus, you will lose the interest that you could have earned by saving the money. the lost interest is cost of spending money now.