Which of the Following Is the Overarching Principle That a Financial

question 91

Multiple Choice

Which of the following is the overarching principle that a financial manager should follow when making decisions?

• A) Decisions should generate the greatest benefits for the firm.
• B) Decisions should provide benefit to the firm without incurring costs.
• C) Decisions should be on behalf of the firm's owners that give the greatest benefit to those owners, the firm's employees and the firm's other stakeholders.
• D) Decisions should increase the value of the firm to its investors.

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Definitions:

I-Self

Part of the self-concept that involves consciousness and self-awareness, distinguishing oneself from the external environment.

Objective Self-Awareness

The ability to observe oneself from an external viewpoint, leading to a greater understanding of one’s actions and their impact.

Sense of Self

The individual's awareness of their own identity and personal characteristics, including beliefs, values, and physical self.

Externalizing Problems

Problem behavior that involves engaging in inappropriate conduct, especially aggressive acts.