An objective function is necessary in a maximization problem but is not required in a minimization problem

Bank lines of credit must be judiciously requested because the lines often:

A) accrue interest regardless of whether funds are borrowed B) require payment of a commitment fee to establish C) have a negative impact on the firm's credit history D) appear as a liability on the firm's balance sheet

If managers are measured on short-term financial performance only, they may not introduce new products

Indicate whether the statement is true or false