Why in general do financial managers make financial decisions in a corporation, rather than the owners making these decisions themselves?
A) There are often many owners, and they can often change as they buy and sell shares.
B) The owners may not be Australian citizens or residents.
C) The interests of the various owners may conflict with each other.
D) It is best for the control of the finances of a corporation to be in the hands of a disinterested third party.
Correct Answer:
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