Which of the Following Is the Overarching Principle That a Financial

question 91

Multiple Choice

Which of the following is the overarching principle 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.
• 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:

Nephron

The basic structural and functional unit of the kidney responsible for filtering and purifying blood to produce urine.

Distal Convoluted Tubule

The segment of the kidney's nephron that functions in the reabsorption of sodium, water, and secretion of potassium and acids, situated after the ascending limb of the loop of Henle.

Collecting Duct

A series of tubes in the kidney that receive urine from the nephrons and transport it into the renal pelvis.

Renal Pelvis

The central part of the kidney where urine collects before moving to the ureter and then to the bladder.