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Which one of the following statements about wealth maximisation is not true? A.Profit maximisation is a long-term approach, whereas wealth maximisation focuses on short-term prospects.

  • Which one of the following statements about wealth maximisation is not true?A.Profit maximisation is a long-term approach, whereas wealth maximisation focuses on short-term prospects.
  • B.Wealth maximisation takes risk into consideration when evaluating alternative investments.
  • C.Profit maximisation is a short-term approach, whereas wealth maximisation focuses on long-term prospects.
  • D.Maximising the market price of a firm's shares would maximise shareholders' wealth.

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