What is the goal of the financial manager? How does the surrounding community where a business operat goal? The primary goal of the financial manager is to: (Select the best response.) O A. ensure that the firm maintains its level of employment within the community so that people are not O B. maximize the current share price or equity value of the firm. C. provide for the economic growth of the community in which the firm resides.

Principles of Accounting Volume 2
19th Edition
ISBN:9781947172609
Author:OpenStax
Publisher:OpenStax
Chapter9: Responsibility Accounting And Decentralization
Section: Chapter Questions
Problem 14MC: An important goal of a responsibility accounting framework is to help ensure which of the following?...
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What is the goal of the financial manager? How does the surrounding community where a business operates fit into this
goal?
The primary goal of the financial manager is to: (Select the best response.)
A. ensure that the firm maintains its level of employment within the community so that people are not laid off.
B. maximize the current share price or equity value of the firm.
C. provide for the economic growth of the community in which the firm resides.
O D. improve relations with the community even at the expense of corporate profits.
Transcribed Image Text:What is the goal of the financial manager? How does the surrounding community where a business operates fit into this goal? The primary goal of the financial manager is to: (Select the best response.) A. ensure that the firm maintains its level of employment within the community so that people are not laid off. B. maximize the current share price or equity value of the firm. C. provide for the economic growth of the community in which the firm resides. O D. improve relations with the community even at the expense of corporate profits.
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