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Which of the Following Statements About Financial Controls Is False

Question 28

Multiple Choice

Which of the following statements about financial controls is false?


A) They include goals such as becoming the market leader in a given product-market.
B) They are often used by firms that have relied on unrelated diversification.
C) They focus on gaps between desired financial outcomes and those actually produced by a firm.
D) International firms that have a strict focus on only financial controls risk encouraging a short-term perspective.

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