Which of the statement is TRUE in Managements’ Attitude as part of factor influencing the decision making? A. A conservative finance manager will attach greater importance to profitability rather than to liquidity. On the other hand, an aggressive financial manager will stress the latter, and financial decisions will be taken accordingly. B. An aggressive finance manager will attach greater importance to liquidity rather than to profitability. On the other hand, a conservative financial manager will stress the latter, and financial decisions will be taken accordingly. C. A conservative finance manager will attach greater importance to liquidity rather than to profitability. On the other hand, an aggressive financial manager will stress the latter, and financial decisions will be taken accordingly
Which of the statement is TRUE in Managements’ Attitude as part of factor influencing the decision making? A. A conservative finance manager will attach greater importance to profitability rather than to liquidity. On the other hand, an aggressive financial manager will stress the latter, and financial decisions will be taken accordingly. B. An aggressive finance manager will attach greater importance to liquidity rather than to profitability. On the other hand, a conservative financial manager will stress the latter, and financial decisions will be taken accordingly. C. A conservative finance manager will attach greater importance to liquidity rather than to profitability. On the other hand, an aggressive financial manager will stress the latter, and financial decisions will be taken accordingly
Financial Reporting, Financial Statement Analysis and Valuation
8th Edition
ISBN:9781285190907
Author:James M. Wahlen, Stephen P. Baginski, Mark Bradshaw
Publisher:James M. Wahlen, Stephen P. Baginski, Mark Bradshaw
Chapter6: Accounting Quality
Section: Chapter Questions
Problem 2QE
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Which of the statement is TRUE in Managements’ Attitude as part of factor influencing the decision making?
A. A conservative finance manager will attach greater importance to profitability rather than to liquidity. On the other hand, an aggressive financial manager will stress the latter, and financial decisions will be taken accordingly.
B. An aggressive finance manager will attach greater importance to liquidity rather than to profitability. On the other hand, a conservative financial manager will stress the latter, and financial decisions will be taken accordingly.
C. A conservative finance manager will attach greater importance to liquidity rather than to profitability. On the other hand, an aggressive financial manager will stress the latter, and financial decisions will be taken accordingly
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