Author Question: Maximization of shareholder wealth A) provides benefits to society as scarce resources are ... (Read 93 times)

burton19126 · **on:** Jul 11, 2018

Maximization of shareholder wealth

A) provides benefits to society as scarce resources are directed to their most productive use.
B) is not a practical goal since it cannot be measured effectively.
C) is achieved only if cash flows exceed accounting profits.
D) represents a zero sum game in which one corporation gains at the expense of others.

Question 2

A common situation involving strict liability includes which of the following?

A) operating a motor vehicle
B) blasting operations
C) manufacturing a product
D) mining operations