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QUESTION 1 An S-corp has what advantage over a C-corp? o access to public capital markets limited liability for stockholders taxation at the personal tax

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QUESTION 1 An S-corp has what advantage over a C-corp? o access to public capital markets limited liability for stockholders taxation at the personal tax level only the firm doesn't cease to exist if the owner dies QUESTION 2 Which of the following is a possible remedy for agency problems? specialist certification the firm's compensation plan use of an employment agency all of the above QUESTION 3 The overriding goal of financial management is to O maximize profit maximize sales o maximize financial statement accuracy maximize shareholder wealth QUESTION 4 Maximization of shareholder wealth is an objective that can be directly measured by O the return on equity the stock price the market to book the return on assets

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