question archive Accounting Think about the six principles of finance covered in this unit (time value of money, risk and return, diversification, market efficiency, management versus owner perspectives, and reputation)
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Accounting Think about the six principles of finance covered in this unit (time value of money, risk and return, diversification, market efficiency, management versus owner perspectives, and reputation). After reviewing each principle, which do you think stands out as the most important and which is the least important? Explain. Would your answer change if you were the stockholder of the company versus the manager of the company? Why, or why not?