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Which of the following is true about business organizations? A. The primary financial goal of a firm is to maximize short-term accounting profits. B. Unethical
Which of the following is true about business organizations?
A. The primary financial goal of a firm is to maximize short-term accounting profits.
B. Unethical behavior by corporations usually leads to maximization of shareholder wealth.
C. Managers always act in the best interests of shareholders.
D. Managerial incentives and monitoring by shareholders decrease agency costs.
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