单选题 Which of the following statements about risk and return is FALSE?

A、 Return objectives should be considered in conjunction with risk preferences.
B、 Return objectives may be stated in dollar amounts or in percentages.
C、 Return-only objectives provide a more concise and efficient way to measure performance for investment managers.

【正确答案】 C

【答案解析】Return-only objectives may actually lead to unacceptable behavior on the part of investment managers, such as excessive trading(churning) to generate excessive commissions.