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:

Balance Sheet

A delineation of a company's financial status including assets, liabilities, and shareholders' equity at an exact point in time.

Liabilities

Sums of money or other financial obligations that a company is required to pay in the future to creditors, lenders, or suppliers.

Assets

Economic resources owned or controlled by a business, expected to provide future benefits.