The primary goal of the financial management is __________.
The primary financial management goal is to maximize owners' wealth. This considers the value created for owners, including the timing and risk of returns; maximizing profit…
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The primary goal of the financial management is __________.
Answer and explanation
Correct answer C
The primary financial management goal is to maximize owners' wealth. This considers the value created for owners, including the timing and risk of returns; maximizing profit or return alone and minimizing risk alone do not capture that objective.
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Andhra Pradesh SET (APSET)