CFA Practice Question

There are 233 practice questions for this study session.

CFA Practice Question

Which statement is true?

I. In general, managers should favor profit growth over current profitability.

II. In general, a company can always satisfy the claims of all stakeholders if it chooses to do so.
Correct Answer: Both statements are false.

I: They cannot have too much emphasis on either. They should strive to find the right balance.

II: The goals of different stakeholders often conflict.

User Contributed Comments 2

User Comment
ewantanner Tricky Tricky
Rasikh "Profit is important for survival, while growth is essential for long term success". They feed on each other.
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