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ULTIPLE CHOICE. Choose the one alternative that best completes the statement or answers the estion. 1) The overall goal of the financial manager is to A) maximize earnings per shane. C) maximize net income. 1 B) minimize total costs. maximize shareholder wealth. 2) Which of these must effectively distribute capital between investors and companies?2) A) individuals C) companies B) financial institutions D) international investors 3) What is the difference in perspective between finance and accounting? 3) A) ownership B) liability C) risk D) timing 4) Which of the following statements is correct? 4) A) Financial managers double-check the accountant's statements. B) Accountants are focused on what happened in the past. C) Both accountants and financial managers use total quality management systems to standardize data. D) Financial managers are focused on what happened in the past. 5) Individuals who provide small amounts of capital and expert business advice to small 5) firms in exchange for an ownership stake in the firm are referred to as B) capital investors. A) corporate investors. C) institutional investors. D) angel investors. 6 6) All of the following are advantages to organizing as a corporation EXCEPT A) easy to transfer ownership. C) limited liability. B) double taxation. D) easy access to capital. B) limited access to capital. D) unlimited liability. 7) The biggest disadvantage of the sole proprietorship is A) total control. C) double taxation. B) partnership. D) corporation. 8) From the perspective of ownership risk, the best form of business organization is the A) sole proprietorship. C) S corporation