Which of the following is the overarching principal that a financial manager should follow when making decisions?
A) 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.
B) Decisions should provide benefit to the firm without incurring costs greater than those benefits to others.
C) Decisions should increase the value of the firm to its investors.
D) Decisions should generate the greatest benefits for the firm.
Correct Answer:
Verified
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