Solved

A Company Needs Financial Objectives to

Question 47

Multiple Choice

A company needs financial objectives to


A) spur company personnel to help the company overtake key competitors on such important measures as net profit margins and return on investment.
B) communicate management's targets for financial performance and achieve strategic objectives.
C) indicate to employees whether the emphasis should be on earnings per share, return on investment, return on assets, or positive cash flow.
D) convince shareholders that top management is acting in their interests.
E) counterbalance its pursuit of strategic objectives and have a balanced scorecard for judging the caliber of its overall performance.

Correct Answer:

verifed

Verified

Unlock this answer now
Get Access to more Verified Answers free of charge

Related Questions

Unlock this Answer For Free Now!

View this answer and more for free by performing one of the following actions

qr-code

Scan the QR code to install the App and get 2 free unlocks

upload documents

Unlock quizzes for free by uploading documents