Which of the Following Statements Is FALSE

question 40

Multiple Choice

Which of the following statements is FALSE?

• A)A serious concern for large corporations is that managers may make large,unprofitable investments.
• B)While overspending on personal perks may be a problem for large firms,these costs are likely to be small relative to the overall value of the firm.
• C)Some financial economists explain a manager's willingness to engage in negative-NPV investments as empire building.
• D)While ownership is often diluted for small,young firms,ownership typically becomes concentrated over time as a firm grows.

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Definitions:

Map Coordinates

A system of numbers that uniquely identifies positions on the surface of the earth or a map, often represented in latitude and longitude or an alphanumeric grid.

Tonnage

A measure of weight or volume used to quantify the size or cargo capacity of ships, or the output of a production process.

Labour Climate

The overall environment and conditions affecting labor relations, including workers' attitudes, union activities, and employer-employee negotiations.

Taxes

Mandatory financial charges imposed by a government on individuals, businesses, and transactions to fund public expenditures.