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Which of the following statements about the difference between profit and shareholder wealth is false?
Which of the following statements about the difference between profit and shareholder wealth is false?
A . Shareholder wealth considers financial returns over a longer period than profit
B . Shareholder wealth takes risk into account
C . Shareholder wealth is a discounted present value of anticipated future earnings but profit is just a short term measure of past earnings
D . Shareholder wealth influences share prices but profit does not
Answer: D
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