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True or false 1. Financial managers of today have fewer responsibilities than their counterparts of the early 20th century. 2. Rapid technological change and worldwide economic uncertainty are factors that may affect the job of the financial manager. 3. A goal or objective is a necessary first step for effective financial management. 4. Deciding on the total amount of assets needed by the firm is a key step in the investment decision. 5. The goal of the firm should be to maximize earnings per share. 6. In a large corporation, the firm's owners are usually also its top managers. 7. Corporate management, acting as the owners' agent, makes all decisions in the owners' best interests. 8. Maximizing the price of a share of the firm's common stock is the equivalent of maximizing the wealth of the firm's present owners. 9. Corporate Social Responsibility (CSR) is usually in conflict with the objective of shareholder wealth maximization. 10. The price of a share of common stock acts as a barometer indicating how well management is doing on behalf of shareholders.