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Test Bank Financial Management Concepts and Applications 1st Edition by Stephen Foerster A+
- From Business, General Business
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1 Financial Management and the Cash Flow Cycle
1) Which of the following statements best represents what finance is about?
A) How political, social, and economic factors affect corporations
B) How corporations can maximize profits
C) How to create and maintain economic wealth
D) How to reduce shareholder risk
Answer: C
Diff: 1
Topic: 1.1 Financial Management and Cash Flow Cycles
AACSB: Reflective Thinking
2) The primary goal of a publicly owned firm is:
A) maximize profits.
B) minimize shareholder risk.
C) value creation.
D) maximize revenues.
Answer: C
Available Answer
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