It is possible for a company to "maximize profits" and also not be profitable. * True False.

Principles of Accounting Volume 2
19th Edition
ISBN:9781947172609
Author:OpenStax
Publisher:OpenStax
Chapter12: Balanced Scorecard And Other Performance Measures
Section: Chapter Questions
Problem 2Q: Is there a way to prevent managers from focusing on accounting measures as performance measures?
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It is possible for a company to "maximize profits" and also not be profitable. * True False.

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