Which two of the following statements about the company's goals and the purpose of financial management are false? Choose two (2) of the answer options below, which correctly answer the question asked. 1. Strategies are translated into business plans, which more clearly describe how different goals and sub-goals are to be achieved. 2. The stakeholder model is based on an approach where the company is open to its surroundings. 3. The goal formulation of the satisfaction model is based on taking into account the specific company's opportunities for a positive result. 4. The profit maximization model is based on decision-makers being rational and having full access to information. 5. The business manager model is based on the fact that ownership and operation of a business are not separate. 6. The stakeholder model's goal formulation is based on being able to meet the requirements and expectations of all different stakeholders at the same time.

Principles of Accounting Volume 2
19th Edition
ISBN:9781947172609
Author:OpenStax
Publisher:OpenStax
Chapter12: Balanced Scorecard And Other Performance Measures
Section: Chapter Questions
Problem 16MC: Which of the following statements is false? A. The four dimensions of performance that are...
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Which two of the following statements about the company's goals and the purpose of financial management are false? Choose two (2) of the answer options below, which correctly answer the question asked.

1. Strategies are translated into business plans, which more clearly describe how different goals and sub-goals are to be achieved.

2. The stakeholder model is based on an approach where the company is open to its surroundings.

3. The goal formulation of the satisfaction model is based on taking into account the specific company's opportunities for a positive result.

4. The profit maximization model is based on decision-makers being rational and having full access to information.

5. The business manager model is based on the fact that ownership and operation of a business are not separate.

6. The stakeholder model's goal formulation is based on being able to meet the requirements and expectations of all different stakeholders at the same time.

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