A manager refuses to replace an existing asset even though an extensive analysis indicates that replacement is desirable. One possible explanation for the manager's action is that: Multiple Cholce A financlal loss may be reported in the current perlod if the asset is replaced. The manager is concerned that his or her superlor may think that the original asset purchase was a mistake on the part of the manager. The manager expects to be promoted or transferred in the near future and is concerned primarlly about short-term performance. All of these cholces are correct. None of the above The manager prioritizes the long-term, not the short-term prospect of the firm by not replacing the asset. Both a and f are correct