Which One of These Statements Is Correct

question 62

Multiple Choice

Which one of these statements is correct?

• A) A dollar received next year has the same value as a dollar received today.
• B) Risky cash flows are more valuable than certain cash flows.
• C) Smart investment decisions create more value than smart financing decisions.
• D) Corporate governance is irrelevant.

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Definitions:

Charismatic Leader

A person who inspires and motivates others through their personal charm, persuasion, and dynamic personality.

Leader-Follower Relationships

The dynamic and interaction between those in leadership positions and their team members, critical for achieving organizational goals.

Transactional

pertains to exchanges or interactions that involve the transfer of goods, services, or funds, typically emphasizing short-term relationships or agreements.

Transformational Leadership

Transformational leadership is inspirational leadership that gets people to do more in achieving high performance.