$2$

A financial manager's goal of maximizing current or short$-$term earnings may not be appropriate because:

$15$

ints

$800\mathrm{.}51-17$

Multiple Choice

share ownership is widely dispersed.

increased earnings may be accompanied by acceptably higher levels of risk.

it considers the timing of the benefits.

earnings are subjective; they can be defined in various ways such as accounting or economic earnings.