Profit maximization as the goal of the firm is not ideal because ________
A) profits are only accounting measures
B) cash flows are more representative of financial strength
C) profit maximization does not consider risk
D) profits today are less desirable than profits earned in future years
C
Business
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Internal control is most effective when only one person is responsible for a given task.
a. true b. false
Business
In the body of a routine request, you should
A) beg the reader to grant your request. B) explain and justify your request. C) give your sales pitch. D) explain what will happen if the audience does not do what you are asking. E) state your main idea.
Business