Question: Why don't shareholders want managers to maximize profits? Multiple Choice Managers can increase current profits by cutting back on maintenance expenses Managers can increase profits

Why don't shareholders want managers to maximize profits?
Multiple Choice
Managers can increase current profits by cutting back on maintenance expenses
Managers can increase profits by their choice of accounting method
Managers can increase profits by investing in projects with a low rate of return
All of the answers are correct
Profits do not represent the cash flows of the corporation

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