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MC Question 4
Formulae & Tables
FM (F9) Formulae Sheet
You will get this Formula Table at the exam so learn well how to apply it in your FM (F9) Exam
Which of the following statements is correct?
A. One of the problems with maximising accounting profit as a financial objective is that accounting profit can be manipulated
B. A target for a minimum level of dividend cover is a target for a minimum dividend payout ratio
C. The welfare of employees is a financial objective
D. One reason shareholders are interested in earnings per share is that accounting profit takes account of risk