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:

Attributes

Characteristics or qualities that define an object, individual, or data.

Reputations

The beliefs or opinions that are generally held about someone or something's character, achievements, and qualities.

Word-Of-Mouth

The process of information or recommendations being passed from person to person, especially as a method of informal advertising.

Fragile

Characterized by being easily broken or damaged, often used metaphorically to describe situations, relationships, or systems that are unstable or vulnerable.