Which of the Following Statements Is Correct

question 36

Multiple Choice

Which of the following statements is correct?

• A) The primary objective of a firm's management is to increase firm value.
• B) The management accounting system needs to accumulate information from both internal and external sources.
• C) Managers may be faced with a conflict between increasing customer value and increasing shareholder value.
• D) All the given statements are correct.

---

Definitions:

Predictive Model

A statistical or mathematical model used to forecast future events or trends based on current or historical data.

Theory Of Followership

A perspective focusing on the behaviors and qualities of effective followers in a leadership dynamic.

Characteristics

Distinctive features or qualities that define a person, object, or phenomenon.

Behaviors

Actions or reactions of an individual or a group in response to external or internal stimuli.