Why in General Do Financial Managers Make Financial Decisions in a Corporation

question 76

Multiple Choice

Why in general do financial managers make financial decisions in a corporation, rather than the owners making these decisions themselves?

• A) It is best for the control of the finances of a corporation to be in the hands of a disinterested third party.
• B) The interests of the various owners may conflict with each other.
• C) The owners may not be U.S. citizens or residents.
• D) There are often many owners, and they can often change as they buy and sell stock.

Grasp the concept of abnormality and how it is defined in the field of psychology.

Recognize the role and training of psychiatrists in the treatment of mental illness.

Understand the challenges and criticisms associated with the concept and treatment of mental health within managed care systems.

Understand the distinction between qualitative and quantitative research methods.

---

Definitions:

Temporary Ownership

A condition where an individual or entity has control over property or goods for a limited period.

Landlord-Tenant Relationship

The landlord-tenant relationship is a legal arrangement defining the rights and duties of landlords and tenants in the context of rental property agreements.

Tenant

An individual or group that rents and occupies space, such as a house or commercial property, from a landlord.

Lessor

(1) A person who transfers the right to possession and use of goods under a lease. (2) The owner of a rental property. Also called landlord.