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Financial Objectives

Forums › Ask ACCA Tutor Forums › Ask the Tutor ACCA FM Exams › Financial Objectives

  • This topic has 2 replies, 2 voices, and was last updated 7 years ago by John Moffat.
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  • October 4, 2018 at 4:24 am #476305
    snehadavis
    Member
    • Topics: 12
    • Replies: 9
    • ☆

    In the practice questions one question was based on the financial objectives and in the answer it is provided that maximising market share is not a example of a financial objective.which are the 3 main financial objectives is it(shareholder wealth maximisation,profit maximisation and EPSS growth)?
    In kaplan textbook it is said that many other objectives are also suggested for company’s including:
    1.profit maximisation
    2.growth(what growth)
    3.market share
    4.social responsibility
    then,what are they?

    October 4, 2018 at 4:29 am #476306
    snehadavis
    Member
    • Topics: 12
    • Replies: 9
    • ☆

    sorry sir,This question is from dec 2014 question paper!

    October 4, 2018 at 7:36 am #476324
    John Moffat
    Keymaster
    • Topics: 57
    • Replies: 54764
    • ☆☆☆☆☆

    Companies have many objectives, but not all are financial objectives.

    Market share and social responsibility are non-financial objectives.

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