A Financial Manager's Goal of Maximizing Current or Short-Term Earnings

question 71

Multiple Choice

A financial manager's goal of maximizing current or short-term earnings may not be appropriate because

• A) it fails to consider the timing of the benefits.
• B) increased earnings may be accompanied by unacceptably higher levels of risk.
• C) earnings are subjective; they can be defined in various ways such as accounting or economic earnings.
• D) all of these.

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Definitions:

Puma

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