Which of the Following Is the Overarching Principal That a Financial

question 20

Multiple Choice

Which of the following is the overarching principal 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 greater than those benefits to others.
• 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:

Locus of Control Scale

A psychological measurement that assesses an individual's belief about the factors that control their life outcomes, ranging from internal to external.

Defensive Car-Driving

Defensive car-driving involves operating a vehicle in a manner that seeks to prevent accidents or harm by anticipating potential hazards and making proactive adjustments.

Manipulative Strategies

Tactics used to influence or control others' behaviors or perceptions for personal gain.

External-Unstable Attribution

An attribution where an individual believes an event is caused by changeable, external factors.