MULTIPLE CHOICES . just GIVE THE RIGHT ANSWER . NO NEED TO EXPLAIN ANYTHING.

(11) Agency problems are least likely to arise in which organizational form? A. corporation B. limited partnership C. sole proprietorship D. subchapter S corporation (12). A financial manager's goal of maximizing current or short-term earnings may not be appropriate because A. it fails to consider the timing of the benefits. B. increased earnings may be accompanied by unacceptably higher levels of risk. C. earnings are subjective; they can be defined in various ways such as accounting or econom earnings. D. all of these. [13]. Maximization of shareholder wealth is a concept in which A. increased earnings is of primary importance. B. profits are maximized on a quarterly basis. C. virtually all earnings are paid as dividends to common stockholders. D. optimally increasing the long-term value of the firm is emphasized. (14) Capital markets do not include which of the following securities: A. commercial paper B. Common stock, C. government bonds D. preferred stock. (15) Money markets would include which of the following securities? A. treasury bills and commercial paper. B. common stock and corporate bonds. C. certificates of deposit and preferred stock. D. all of these