A Key Principle Underlying Modern Financial Management Is That the Primary

question 12

Multiple Choice

A key principle underlying modern financial management is that the primary objective of a business is

• A) Profit maximization
• B) Minimization of costs
• C) Minimization of government regulation
• D) Shareholder wealth maximization
• E) Marketshare maximization

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Definitions:

Serous Fluid

A clear, watery fluid that lubricates the surfaces of membranes lining body cavities and organs.

Pleura

Thin layers of tissue that line the lungs and the inside of the chest cavity, providing lubrication necessary for the lungs to move smoothly during breathing.

Thorax

The chest cavity.

Vital Capacity

The maximum amount of air a person can expel from the lungs after a maximum inhalation.