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:

Price Variance

The difference between the actual price paid for something and its standard or expected price.

Actual Price

The real price at which a transaction occurs, distinct from list or estimated prices, reflecting the amount paid or received in a transaction.

Standard Price

A predetermined cost attributed to materials, labor, and overhead to facilitate budgeting and variance analysis.

Efficiency Standard

A benchmark for measuring the optimal use of resources in the production of goods or the delivery of services.