Which of the following is the overarching principal that a financial manager sho

Question

Which of the following is the overarching principal that a financial manager should follow when making decisions? Decisions should generate the greatest benefits for the firm. Decisions should provide benefit to the firm without incurring costs greater than those benefits to others. Decisions should be on behalf of the firms owners that give the greatest benefit to those owners, the firms employees and the firms other stakeholders. Decisions should increase the value of the firm to its investors

Explanation / Answer

Decisions should generate the greatest benefits for the firm. Decisions should provide benefit to the firm without incurring costs greater than those benefits to others.

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