Proper Financial Management Can Ensure All Except Which of the Following

question 102

Multiple Choice

Proper financial management can ensure all except which of the following?

• A) Financial priorities are established in line with organizational objectives.
• B) Spending is planned and controlled in accordance with established priorities.
• C) Products are properly marketed.
• D) Excess cash is invested in certificates of deposit, U.S.Treasury bills, or marketable securities.
• E) Sufficient financing is available when needed, now and in the future.

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Definitions:

Duty of Care

A legal obligation to avoid causing harm to others, typically applied in negligence cases.

Professional Association

An organization seeking to further a particular profession, the interests of individuals engaged in that profession, and the public interest.

Insurance Agent

A professional who sells, solicits, or negotiates insurance policies on behalf of an insurer.

Threefold Test

A method used in various legal contexts to evaluate criteria or conditions based on three distinct factors.