Which of the Following Is Generally NOT Considered to Be

question 32

Multiple Choice

Which of the following is generally NOT considered to be a viable operational goal for a firm?

• A) maintaining a strong local currency
• B) maximization of after-tax income
• C) minimization of the firm's effective global tax burden
• D) correct positioning of the firm's income, cash flows and available funds as to country and currency

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Definitions:

Federal Government

The national government of a federal country, which holds the authoritative power to govern the nation as a whole, distinct from regional or state governments.

Medicare Program

A federal health insurance program in the United States for people who are 65 or older, certain younger people with disabilities, and people with End-Stage Renal Disease.

Adverse Selection

A situation in which sellers have information that buyers do not (or vice versa) about some aspect of product quality.

Moral Hazard

The risk that one party to a transaction has not entered into the contract in good faith, or has provided misleading information about its assets, liabilities, or credit capacity.